Pittsburg a Philip Randolph Institute Education Fund

Analysis

Pittsburg a Philip Randolph Institute Education Fund is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 2024, 2 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2020, Pittsburg a Philip Randolph Institute Education Fund reported income of $433k and spending of $405k, spending 93% of its income. Across the 3 years on record, from December 2018 to December 2020, income fell from $695k to $433k (-38%), an average of -21% a year. The sharpest change came in the year to December 2019, when income dropped by 41%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pittsburg a Philip Randolph Institute Education Fund sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Women Offshore Foundation ($433k), Farm for Hope Inc ($433k) and Womens Conference of Florida Inc ($432k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $221k. It paid $18k in professional fundraising fees. At year end it held assets of $199k against liabilities of $100k, net assets of $100k. It reported 9 employees.