Steelers Charities

Analysis

Steelers Charities 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 philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Steelers Charities reported income of $612k and spending of $636k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $657k to $612k (-6.9%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 260%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Steelers Charities sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Hadassah S Hope Inc ($612k), West Des Moines Community Schools Foundation ($612k) and Montclair Scholarship Fund Inc ($611k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $256k against liabilities of $252k, net assets of $4,359.