Mel Douglass Fund

Analysis

Mel Douglass Fund is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mel Douglass Fund reported income of $64k and spending of $30k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $64k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mel Douglass Fund sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include Friends of West Sylvan ($64k), Peer 2 Peer University Inc ($64k) and Hoover Elementary School Parent Teacher Organization Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $428k against liabilities of $0, net assets of $428k.