Allegheny Council to Improve Our Neighborhoods Housing Incorporated

Analysis

Allegheny Council to Improve Our Neighborhoods Housing Incorporated is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 1957, 69 years ago. 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 June 2024, Allegheny Council to Improve Our Neighborhoods Housing Incorporated reported income of $280k and spending of $310k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $231k to $280k (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Allegheny Council to Improve Our Neighborhoods Housing Incorporated 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 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Sippican Historical Society ($280k), Big Brothers - Big Sisters of Will and Grundy Counties ($280k) and Needmore Volunteer Fire Company ($280k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 36% of the total. Other salaries and wages came to $16k. At year end it held assets of $1.4m against liabilities of $2.8m, net assets of -$1.4m.

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.