Pittsburgh Youth Symphony Orchestra Association Inc

Analysis

Pittsburgh Youth Symphony Orchestra Association Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 1967, 59 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 2023, Pittsburgh Youth Symphony Orchestra Association Inc reported income of $939k and spending of $941k, spending 100% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $408k to $939k (+130%), an average of +52% a year. The sharpest change came in the year to June 2021, when income rose by 198%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pittsburgh Youth Symphony Orchestra Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include The Jerusalem Connection ($939k), Orlando Magic Youth Foundation Inc ($939k) and Hillel the Foundation for Jewish Campus Life ($939k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 48% of the total. Other salaries and wages came to $201k. At year end it held assets of $4.2m against liabilities of $9,772, net assets of $4.2m. It reported 4 employees.