Steel City Impact

Analysis

Steel City Impact is a registered charity in United States, based in Wexford, PA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 2023, Steel City Impact reported income of $156k and spending of $241k, spending 154% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $264k to $156k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Steel City Impact sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Whitnall Youth Baseball Inc ($156k), Media Power Youth ($156k) and Youth for Christ Inc ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Other salaries and wages came to $113k. At year end it held assets of $163k against liabilities of $0, net assets of $163k. It reported 12 employees.