Herman & Helen Lipsitz Charitable Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Herman & Helen Lipsitz Charitable Trust is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1972, with $418,767 in FY2024 revenue. CharityIndex grades it D.
1900 Murray Ave Ste 203, Pittsburgh, PA, 15217 EIN 25-6134327 Since 1972
Revenue (FY2024)
$419K
▼ 6.8% vs prior year
Expenses (FY2024)
$608K
Net assets
$3.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Herman & Helen Lipsitz Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating72 mo reserves · -45% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Herman & Helen Lipsitz Charitable Trust: 72 mo reserves · -45% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Herman & Helen Lipsitz Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Herman & Helen Lipsitz Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1900 Murray Ave Ste 203, Pittsburgh, PA, 15217
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $336K (FY2015) to $419K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.6M
Operating margin
-45.1%
Spent more than it raised in the latest fiscal year.
Total assets
$3.6M
Total liabilities
$0
Net assets
$3.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $418,767▼6.8% | $607,609▼14.2% | $3,645,168▼6.5% | $3,645,168▼6.5% | 990PF |
| 2023 | $449,171▲85.9% | $708,199▲16.3% | $3,897,712▼5.9% | $3,897,712▼5.9% | 990PF |
| 2022 | $241,635▲214% | $609,134▲7.6% | $4,142,567▼1.2% | $4,142,567▼1.2% | 990PF |
| 2021 | $76,880▼70.8% | $566,012▲68.4% | $4,191,461▲1.2% | $4,191,461▲1.2% | 990PF |
| 2019 | $263,296▲8.3% | $336,101▼31.6% | $4,141,448▼0.1% | $4,141,448▼0.1% | 990PF |
| 2018 | $243,174▲173% | $491,680▼51.4% | $4,146,670▼5.8% | $4,146,670▼5.8% | 990PF |
| 2017 | -$335,131▼152% | $1,011,416▲23.5% | $4,403,054▼21.7% | $4,403,054▼21.7% | 990PF |
| 2016 | $648,854▲92.9% | $818,637▼12.6% | $5,620,552▼2.9% | $5,620,552▼2.9% | 990PF |
| 2015 | $336,293 | $936,705▲26.3% | $5,789,758▼1.4% | $5,789,758▼1.4% | 990PF |
| 2012 | — | $741,636 | $5,871,704 | $5,871,704 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Herman & Helen Lipsitz Charitable Trust a legitimate nonprofit?
- Yes. Herman & Helen Lipsitz Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-6134327, based in Pittsburgh, Pennsylvania. Donations are tax-deductible.
- What is Herman & Helen Lipsitz Charitable Trust's EIN?
- Herman & Helen Lipsitz Charitable Trust's Employer Identification Number (EIN) is 25-6134327.
- How much revenue does Herman & Helen Lipsitz Charitable Trust report?
- Herman & Helen Lipsitz Charitable Trust reported $418,767 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Herman & Helen Lipsitz Charitable Trust have?
- CharityIndex grades Herman & Helen Lipsitz Charitable Trust D, based on financial health (reserves and operating margin).
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Data for Herman & Helen Lipsitz Charitable Trust (EIN 25-6134327) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.