Skyline Recovery

Analysis

Skyline Recovery is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Skyline Recovery reported income of $448k and spending of $442k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $306k to $448k (+46%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Skyline Recovery sits at the 55th percentile: it is larger than about 55% 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 Housing Development Corporation of Hampton Roads ($448k), Fayette County Citizens for Progress Inc ($448k) and Dekalb Senior Housing Inc ($448k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $42k. At year end it held assets of $428k against liabilities of $384k, net assets of $44k. It reported 2 employees.