Mt Lebanon Community Foundation

Analysis

Mt Lebanon Community Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 2009, 17 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 2024, Mt Lebanon Community Foundation reported income of $297k and spending of $112k, leaving 62% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $230k to $297k (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2024, when income rose by 222%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Lebanon Community Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include The Historical Society of Topsail Island North Carolina ($297k), Texoma Mother and Unborn Baby Care Inc ($297k) and Umkc Research Foundation ($297k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $6,456 (5.8% of expenses). At year end it held assets of $1.8m against liabilities of $59, net assets of $1.8m. It reported 1 employees.