Pittsburgh Foundation-charles Spang Fund Nect is a 501(c)(92) organization based in Pittsburgh, Pennsylvania, registered in 1972, with $235,152 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$235K
▲ 2.6% vs prior year
Expenses (FY2024)
$237K
Net assets
$4.3M
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 Pittsburgh Foundation-charles Spang Fund Nect— 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 Pittsburgh Foundation-charles Spang Fund Nect: 219 mo reserves · -1% margin earns a B+ 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 Pittsburgh Foundation-charles Spang Fund Nect— 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 Pittsburgh Foundation-charles Spang Fund Nect: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $360K (FY2013) to $235K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$4.3M
Total liabilities
$0
Net assets
$4.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $235,152▲2.6% | $236,660▼1.1% | $4,324,648▼0.1% | $4,324,648▼0.1% | 990PF |
| 2023 | $229,096▲414% | $239,172▼21.3% | $4,329,137▼0.2% | $4,329,137▼0.2% | 990PF |
| 2022 | $44,559▼91.1% | $303,876▲31.4% | $4,336,579▼5.6% | $4,336,579▼5.6% | 990PF |
| 2021 | $500,729▲1123% | $231,207▼8.1% | $4,593,916▲6.1% | $4,593,916▲6.1% | 990PF |
| 2020 | $40,957▼93.0% | $251,468▲18.1% | $4,328,297▼4.7% | $4,328,297▼4.7% | 990PF |
| 2019 | $583,379▲59.5% | $212,860▲9.2% | $4,543,912▲8.9% | $4,543,912▲8.9% | 990PF |
| 2018 | $365,785▲37.5% | $195,000▼4.6% | $4,172,588▲4.3% | $4,172,588▲4.3% | 990PF |
| 2017 | $265,991▲83.3% | $204,490▼1.2% | $4,001,801▲1.6% | $4,001,801▲1.6% | 990PF |
| 2016 | $145,094▼44.1% | $206,961▲0.3% | $3,940,298▼1.5% | $3,940,298▼1.5% | 990PF |
| 2015 | $259,521▼22.2% | $206,289▲3.2% | $4,002,166▲1.3% | $4,002,166▲1.3% | 990PF |
| 2014 | $333,670▼7.3% | $199,951▲12.0% | $3,948,932▲3.2% | $3,948,932▲3.2% | 990PF |
| 2013 | $360,031 | $178,509▼7.6% | $3,827,858▲5.0% | $3,827,858▲5.0% | 990PF |
| 2012 | — | $193,211▲16.2% | $3,646,336▼2.1% | $3,646,336▼2.1% | 990PF |
| 2011 | — | $166,253 | $3,725,665 | $3,725,665 | 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.
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Data for Pittsburgh Foundation-charles Spang Fund Nect (EIN 25-6077922) 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.