Pittsburg Arts and Community Foundation

Analysis

Pittsburg Arts and Community Foundation is a registered charity in United States, based in Pittsburg, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Pittsburg Arts and Community Foundation reported income of $778k and spending of $565k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $237k to $778k (+228%), an average of +49% a year. The sharpest change came in the year to June 2022, when income rose by 1151%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pittsburg Arts and Community Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Rivers Institute ($778k), Broadway Bound Kids Inc ($778k) and Society for Prevention Research Incorporated ($777k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 11% of the total. Other salaries and wages came to $134k. At year end it held assets of $1.4m against liabilities of $846k, net assets of $590k. It reported 6 employees.