Dietrich Foundation

Analysis

Dietrich Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 2012, 14 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, Dietrich Foundation reported income of $94.3m and spending of $61.8m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $76.4m to $94.3m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dietrich Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include New Hampshire Charitable Foundation ($93.7m), Arkansas Community Foundation Inc ($94.9m) and Greater Washington Community Foundation ($93.5m).

Compensation of current officers, directors and key employees was $5.4m (8.7% of expenses). Other salaries and wages came to $390k. At year end it held assets of $1.50bn against liabilities of $23.8m, net assets of $1.47bn. It reported 13 employees.