M-Powerhouse

Analysis

M-Powerhouse is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 December 2023, M-Powerhouse reported income of $202k and spending of $200k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $202k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, M-Powerhouse sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Lifes Beacon Foundation Inc ($202k), Boone County Casa ($202k) and Ace Fiduciary Group a Non-Profit Corporation ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $114k (57% of expenses). At year end it held assets of $45k against liabilities of $48k, net assets of -$3,227.