Charles Henry Leach II Fund for Duquesne University

Analysis

Charles Henry Leach II Fund for Duquesne University is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Charles Henry Leach II Fund for Duquesne University reported income of $366k and spending of $251k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $366k (+396%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 978%. Over the whole period it spent 135% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charles Henry Leach II Fund for Duquesne University sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Tauxemont Cooperative Preschool Inc ($365k), Arts Academy Charter Middle School Foundation ($366k) and Kismet Rock Foundation ($365k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% of the total. At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.