The Irene C Shea Charitable Foundation is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1994, with $2,079,061 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.1M
▼ 72.4% vs prior year
Expenses (FY2024)
$1.7M
Net assets
$22.6M
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 The Irene C Shea Charitable Foundation— 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 The Irene C Shea Charitable Foundation: 161 mo reserves · +19% 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 The Irene C Shea Charitable Foundation— 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 The Irene C Shea Charitable Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.6M (FY2014) to $2.1M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
18.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$22.6M
Total liabilities
$0
Net assets
$22.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,079,061▼72.4% | $1,685,908▲14.3% | $22,589,449▲1.8% | $22,589,449▲1.8% | 990PF |
| 2023 | $7,520,471▲286% | $1,475,223▲2.8% | $22,198,634▲37.4% | $22,198,634▲37.4% | 990PF |
| 2022 | $1,947,821▲128% | $1,434,876▲8.6% | $16,156,138▲3.3% | $16,156,138▲3.3% | 990PF |
| 2021 | $854,237▼37.8% | $1,321,486▲14.1% | $15,646,144▼2.9% | $15,646,144▼2.9% | 990PF |
| 2020 | $1,372,858▲91.1% | $1,158,176▼1.7% | $16,115,470▲1.3% | $16,115,470▲1.3% | 990PF |
| 2019 | $718,382▼41.4% | $1,177,932▲1.9% | $15,908,532▼2.8% | $15,908,532▼2.8% | 990PF |
| 2018 | $1,225,390▼3.5% | $1,155,421▲2.1% | $16,374,700▲0.4% | $16,374,700▲0.4% | 990PF |
| 2017 | $1,270,302▲280% | $1,131,187▲16.7% | $16,304,731▲0.9% | $16,304,731▲0.9% | 990PF |
| 2016 | $333,904▼52.6% | $969,411▲40.0% | $16,165,618▼3.8% | $16,165,618▼3.8% | 990PF |
| 2015 | $703,814▼55.2% | $692,597▼9.2% | $16,799,771▼3.1% | $16,799,771▼3.1% | 990PF |
| 2014 | $1,569,306 | $762,554▲266% | $17,343,737▲86.9% | $17,343,737▲86.9% | 990PF |
| 2012 | — | $208,472▲42.4% | $9,281,661▲320% | $9,281,661▲320% | 990PF |
| 2011 | — | $146,406 | $2,209,404 | $2,209,404 | 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 The Irene C Shea Charitable Foundation (EIN 25-6410108) 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.