Globalpittsburgh

Analysis

Globalpittsburgh is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1964, 62 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, Globalpittsburgh reported income of $375k and spending of $331k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $664k to $375k (-44%), an average of -13% a year. The sharpest change came in the year to June 2022, when income rose by 175%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Globalpittsburgh sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include City Center Waco ($375k), Edison Neighborhood Association Inc ($375k) and Edge for Tomorrow ($374k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $34k (10% of expenses). Other salaries and wages came to $72k. At year end it held assets of $137k against liabilities of $5,144, net assets of $132k. It reported 2 employees.