Passavant Memorial Homes Housing Initiative No 3 Inc
Only null% goes to programs Strong reserves
Passavant Memorial Homes Housing Initiative No 3 Inc is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 2002, with $59,553 in FY2023 revenue. CharityIndex grades it C+.
100 Passavant Way, Pittsburgh, PA, 15238 EIN 25-1891798 Since 2002
Revenue (FY2023)
$60K
▼ 5.4% vs prior year
Human Services median: $293K
Expenses (FY2023)
$73K
Net assets
$429K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Passavant Memorial Homes Housing Initiative No 3 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating70 mo reserves · -23% 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 Passavant Memorial Homes Housing Initiative No 3 Inc: 70 mo reserves · -23% margin earns a C+ 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 Passavant Memorial Homes Housing Initiative No 3 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Passavant Memorial Homes Housing Initiative No 3 Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 100 Passavant Way, Pittsburgh, PA, 15238
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- Human Services
- Subcategory
- Residential Care
- Website
- …
Financial trends
Revenue declined from $67K (FY2018) to $60K (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $8,175Net assets $429K
Operating margin
-22.7%
Spent more than it raised in the latest fiscal year.
Total assets
$437K
Total liabilities
$8,175
Net assets
$429K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $59,553▼5.4% | $73,092▼26.5% | $429,249▼3.1% | $437,424▼3.3% | 990 |
| 2022 | $62,934▼2.1% | $99,392▲58.4% | $442,788▼7.6% | $452,459▼7.3% | 990 |
| 2021 | $64,273▼3.1% | $62,753▲31.9% | $479,246▲0.3% | $487,967▲1.5% | 990 |
| 2020 | $66,363▼1.2% | $47,565▼6.4% | $477,726▲4.1% | $480,907▲2.0% | 990 |
| 2019 | $67,201 | $50,819▼33.8% | $458,928▲3.7% | $471,642▼0.9% | 990 |
| 2018 | $67,203 | $76,796▲102% | $442,546▼6.0% | $475,951▼12.6% | 990 |
| 2012 | — | $38,101▼3.1% | $470,959▼0.4% | $544,479▲1.4% | 990 |
| 2011 | — | $39,320▼12.4% | $472,647▲0.8% | $537,120▼0.5% | 990 |
| 2010 | — | $44,871 | $468,975 | $540,007 | 990 |
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.
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Frequently asked questions
- Is Passavant Memorial Homes Housing Initiative No 3 Inc a legitimate nonprofit?
- Yes. Passavant Memorial Homes Housing Initiative No 3 Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-1891798, based in Pittsburgh, Pennsylvania. Donations are tax-deductible.
- What is Passavant Memorial Homes Housing Initiative No 3 Inc's EIN?
- Passavant Memorial Homes Housing Initiative No 3 Inc's Employer Identification Number (EIN) is 25-1891798.
- How much revenue does Passavant Memorial Homes Housing Initiative No 3 Inc report?
- Passavant Memorial Homes Housing Initiative No 3 Inc reported $59,553 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Passavant Memorial Homes Housing Initiative No 3 Inc have?
- CharityIndex grades Passavant Memorial Homes Housing Initiative No 3 Inc C+, based on financial health (reserves and operating margin).
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Data for Passavant Memorial Homes Housing Initiative No 3 Inc (EIN 25-1891798) 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.