The Eleanor S Gray Fund of the Pennsylvania Academy of Fine Arts

Analysis

The Eleanor S Gray Fund of the Pennsylvania Academy of Fine Arts is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Eleanor S Gray Fund of the Pennsylvania Academy of Fine Arts reported income of $205k and spending of $168k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $205k (+90%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 175%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Eleanor S Gray Fund of the Pennsylvania Academy of Fine Arts sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Florida Legal Education Association Inc ($205k), Crown Point Panthers Inc ($205k) and Little League Baseball Inc ($205k).

Compensation of current officers, directors and key employees was $28k (17% of expenses). At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.