Pittsburgh Youth Chorus

Analysis

Pittsburgh Youth Chorus is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1984, 42 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Pittsburgh Youth Chorus reported income of $453k and spending of $419k, spending 93% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $413k to $453k (+9.6%), an average of +2.3% a year. The sharpest change came in the year to May 2020, when income dropped by 21%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pittsburgh Youth Chorus sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Womens Symphony League of Austin Incorporated ($453k), Studios on the Park Inc ($453k) and Okeefe Educational Media ($453k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $78k (19% of expenses). Other salaries and wages came to $178k. At year end it held assets of $363k against liabilities of $22k, net assets of $341k. It reported 24 employees.