Ruth M Harkins McKeown Trust Under Will F/B/O Salem Community Foundat

Analysis

Ruth M Harkins McKeown Trust Under Will F/B/O Salem Community Foundat is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 1978, 48 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ruth M Harkins McKeown Trust Under Will F/B/O Salem Community Foundat reported income of $1.9m and spending of $1.4m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $1.9m (-37%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ruth M Harkins McKeown Trust Under Will F/B/O Salem Community Foundat sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Hilo Medical Center Foundation ($1.9m), Sempra Employee Giving Network ($1.9m) and United Way of Ulster County Inc ($1.9m).

Compensation of current officers, directors and key employees was $164k (11% of expenses). At year end it held assets of $20.1m against liabilities of $0, net assets of $20.1m.