Pittsburgh Pirates Alumni Association Inc

Analysis

Pittsburgh Pirates Alumni Association Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pittsburgh Pirates Alumni Association Inc reported income of $149k and spending of $157k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $137k to $149k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 115% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pittsburgh Pirates Alumni Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Reading Lacrosse Association ($149k), Canby Junior Basketball ($149k) and Little League Baseball Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $5,000 (3.2% of expenses). At year end it held assets of $179k against liabilities of $0, net assets of $179k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.