Pittsburgh Savoyards Inc

Analysis

Pittsburgh Savoyards Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Pittsburgh Savoyards Inc reported income of $73k and spending of $71k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $118k to $73k (-38%), an average of -38% a year. The sharpest change came in the year to June 2024, when income dropped by 38%. Over the whole period it spent 80% 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 Savoyards Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include San Diego Performing Arts League ($73k), Gordon Parks Museum Foundation ($73k) and International Ocular Circulation Society ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 70% of the total. At year end it held assets of $128k against liabilities of $25k, net assets of $102k.