Wilbur E Postles Scholarship Fund
Only null% goes to programs Strong reserves Declining revenue
Wilbur E Postles Scholarship Fund is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 2002, with $455,126 in FY2024 revenue. CharityIndex grades it C+.
500 1st Ave, Pittsburgh, PA, 15219 EIN 51-6010602 Since 2002
Revenue (FY2024)
$455K
▲ 130.2% vs prior year
Education median: $200K
Expenses (FY2024)
$449K
Net assets
$5.9M
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 Wilbur E Postles Scholarship Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating158 mo reserves · +1% 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 Wilbur E Postles Scholarship Fund: 158 mo reserves · +1% margin earns a B+ 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 Wilbur E Postles Scholarship Fund— 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 Wilbur E Postles Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 500 1st Ave, Pittsburgh, PA, 15219
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $222K (FY2013) to $455K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.9M
Operating margin
1.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.9M
Total liabilities
$0
Net assets
$5.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $455,126▲130% | $449,383▲5.6% | $5,922,717▲0.3% | $5,922,717▲0.3% | 990PF |
| 2023 | $197,670▼60.1% | $425,737▼7.6% | $5,905,737▼3.7% | $5,905,737▼3.7% | 990PF |
| 2022 | $494,833▼67.3% | $460,627▲2.8% | $6,132,977▲0.9% | $6,132,977▲0.9% | 990PF |
| 2021 | $1,515,067▲26.4% | $448,010▲21.3% | $6,076,749▲21.3% | $6,076,749▲21.3% | 990PF |
| 2020 | $1,199,083▲373% | $369,492▲18.5% | $5,011,302▲20.1% | $5,011,302▲20.1% | 990PF |
| 2019 | $253,623▼42.6% | $311,844▲14.1% | $4,172,185▼1.4% | $4,172,185▼1.4% | 990PF |
| 2018 | $442,063▲57.4% | $273,368▼8.5% | $4,230,406▲4.2% | $4,230,406▲4.2% | 990PF |
| 2017 | $280,791▼5.5% | $298,679▲38.5% | $4,059,231▼0.4% | $4,059,231▼0.4% | 990PF |
| 2016 | $297,134▲3.2% | $215,590▼16.8% | $4,077,243▲2.2% | $4,077,243▲2.2% | 990PF |
| 2015 | $287,788▼4.3% | $259,093▼3.7% | $3,989,932▲5.6% | $3,989,932▲5.6% | 990PF |
| 2014 | $300,688▲35.5% | $269,180▼30.0% | $3,779,604▲1.1% | $3,779,604▲1.1% | 990PF |
| 2013 | $221,942 | $384,558 | $3,738,896 | $3,738,896 | 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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Frequently asked questions
- Is Wilbur E Postles Scholarship Fund a legitimate nonprofit?
- Yes. Wilbur E Postles Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-6010602, based in Pittsburgh, Pennsylvania. Donations are tax-deductible.
- What is Wilbur E Postles Scholarship Fund's EIN?
- Wilbur E Postles Scholarship Fund's Employer Identification Number (EIN) is 51-6010602.
- How much revenue does Wilbur E Postles Scholarship Fund report?
- Wilbur E Postles Scholarship Fund reported $455,126 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Wilbur E Postles Scholarship Fund have?
- CharityIndex grades Wilbur E Postles Scholarship Fund C+, based on financial health (reserves and operating margin).
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Data for Wilbur E Postles Scholarship Fund (EIN 51-6010602) 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.