T R W I B Inc

Analysis

T R W I B Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 2002, 24 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 (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, T R W I B Inc reported income of $29.3m and spending of $26.2m, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $20.6m to $29.3m (+42%), an average of +7.2% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, T R W I B Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include J M Murray Center Inc ($29.2m), Edison Welding Institute Inc ($29.5m) and Goodwill Industries of Greater Detroit ($29.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $900k (3.4% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $18.4m against liabilities of $7.2m, net assets of $11.1m. It reported 64 employees.