Team Pittsburgh

Analysis

Team Pittsburgh is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Team Pittsburgh reported income of $266k and spending of $322k, spending 121% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $264k to $266k (+0.7%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team Pittsburgh sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Fibark Community Paddling Center ($266k), Central Kentucky Hockey Association Inc ($266k) and Supreme Water Polo Club ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $374k against liabilities of $25k, net assets of $349k. It reported 6 employees.