Duttine-Cavataio Fund

Analysis

Duttine-Cavataio Fund is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Duttine-Cavataio Fund reported income of $136k and spending of $128k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $13k to $136k (+934%), an average of +934% a year. The sharpest change came in the year to December 2023, when income rose by 934%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Duttine-Cavataio Fund sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Genoa Area Local Schools Scholarship Foundation Inc ($136k), Little League Baseball ($136k) and St Charles County Historical Society Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.