Southwestern Pennsylvania Corporation

Analysis

Southwestern Pennsylvania Corporation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southwestern Pennsylvania Corporation reported income of $10.2m and spending of $10.2m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $9.9m to $10.2m (+2.7%), an average of +0.9% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwestern Pennsylvania Corporation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Golden Triangle Planning & Development District Inc ($10.2m), Mother of Perpetual Help Residence Inc ($10.2m) and University of Tennessee Research Foundation ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $628k (6.1% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $16.3m against liabilities of $16.4m, net assets of -$48k. It reported 63 employees.