Leadership Pittsburgh Inc

Analysis

Leadership Pittsburgh Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Leadership Pittsburgh Inc reported income of $1.1m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.1m (-33%), an average of -9.6% a year. The sharpest change came in the year to June 2020, when income dropped by 17%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Leadership Pittsburgh Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Santa Clarita Valley Economic Development Corporation ($1.1m), Food Chain Workers Alliance Inc ($1.1m) and Greater Sterling Development Corp ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $229k (20% of expenses). Other salaries and wages came to $369k. At year end it held assets of $2.7m against liabilities of $210k, net assets of $2.5m. It reported 7 employees.