Uhf-Ca Gift Annuity Reserve TR

Analysis

Uhf-Ca Gift Annuity Reserve TR is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Uhf-Ca Gift Annuity Reserve TR reported income of $123.1m and spending of $68.5m, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $67.5m to $123.1m (+82%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uhf-Ca Gift Annuity Reserve TR sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include WB Community Health ($123.0m), Chicago Charter School Foundation ($123.1m) and Ringling College of Art and Design Inc ($122.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $2.2m (3.2% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $893.5m against liabilities of $130.5m, net assets of $763.1m. It reported 184 employees.