Passavant Memorial Homes I Inc is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 2004, with $57,554 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$58K
▼ 7.3% vs prior year
Human Services median: $293K
Expenses (FY2023)
$102K
Net assets
$565K
Employees
—
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 I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 I Inc: 66 mo reserves · -78% margin earns a F on this criterion. See the exact thresholds →
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 I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 I Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $41K (FY2009) to $58K (FY2023) across 7 reported years.
Financial snapshot
Operating margin
-77.7%
Spent more than it raised in the latest fiscal year.
Total assets
$596K
Total liabilities
$31K
Net assets
$565K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $57,554▼7.3% | $102,271▲45.4% | $565,252▼7.3% | $596,446▼4.3% | 990 |
| 2022 | $62,100▲0.7% | $70,314▲9.2% | $609,969▼1.3% | $623,185▼3.0% | 990 |
| 2021 | $61,676▼1.1% | $64,409▲9.9% | $618,183▼0.4% | $642,364▼0.2% | 990 |
| 2020 | $62,376▲0.1% | $58,612▼13.0% | $620,916▲0.6% | $643,766▼2.8% | 990 |
| 2019 | $62,335▼0.1% | $67,393▲40.5% | $617,152▼0.8% | $662,433▲5.5% | 990 |
| 2018 | $62,402 | $47,981▲8.2% | $622,210▼1.9% | $628,130▼8.4% | 990 |
| 2012 | — | $44,356▲7.3% | $634,437▼0.3% | $686,003▼1.2% | 990 |
| 2011 | — | $41,321▼18.4% | $636,449▼0.7% | $694,247▼0.8% | 990 |
| 2009 | $40,817 | $50,624 | $640,950 | $699,970 | 990EZ |
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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Data for Passavant Memorial Homes I Inc (EIN 20-0672805) 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.