Central Diesel Power Company

Analysis

Central Diesel Power Company is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Central Diesel Power Company reported income of $64k and spending of $26k, leaving 59% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $320k to $64k (-80%), an average of -80% a year. The sharpest change came in the year to June 2023, when income dropped by 80%. Over the whole period it spent 10% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Diesel Power Company sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include Alleghany Athletics Boosters Club ($64k), Freedom Elementary Parent Teacher Organization Inc ($64k) and Cisd Educational Support Groups Inc ($64k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 3.9% of the total. At year end it held assets of $383k against liabilities of $2,153, net assets of $381k.