Sharpsburg Neighborhood Organization

Analysis

Sharpsburg Neighborhood Organization is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. 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, Sharpsburg Neighborhood Organization reported income of $168k and spending of $289k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $187k to $168k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sharpsburg Neighborhood Organization sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Italian Charities Inc ($168k), The Running Springs Area Golden Oaks ($168k) and Pittsfield Youth Workshop ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $87k (30% of expenses). Other salaries and wages came to $28k. At year end it held assets of $573k against liabilities of $50k, net assets of $524k.