Three Rivers Mothers Milk Bank

Analysis

Three Rivers Mothers Milk Bank is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 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, Three Rivers Mothers Milk Bank reported income of $2.5m and spending of $1.5m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $951k to $2.5m (+160%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Three Rivers Mothers Milk Bank sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Robbinsdale Womens Center ($2.5m), Hairy Cell Leukemia Foundation ($2.5m) and Michigan Home for the Armenian Aged Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. Compensation of current officers, directors and key employees was $84k (5.5% of expenses). Other salaries and wages came to $491k. At year end it held assets of $2.1m against liabilities of $217k, net assets of $1.9m. It reported 19 employees.