TribLIVE

| News


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Pittsburgh nonprofits robust financially, report says

Daily Photo Galleries

Tuesday, June 3, 2014, 6:03 p.m.
 

The biggest nonprofit groups in the Pittsburgh area are rolling in dough, according to a report released on Tuesday by a charity watchdog.

The report from Charity Navigator included 50 of the biggest nonprofits in the area. It ranked them first nationally in financial health and fifth overall when including transparency and accountability.

“Pittsburgh charities have quite a healthy rainy day fund, with roughly a year-and-a-half worth of funds on hand,” Sandra Miniutti, vice president of Charity Navigator in Glen Rock, N.J.

The report gathered data from the nonprofits' tax documents and websites.

Miniutti said Pittsburgh nonprofits received high marks for being financially efficient, with the bulk of money they raised going to their missions. Last year, Pittsburgh ranked 14th in financial health and seventh in the overall ranking.

“It looks like charities in Pittsburgh were able to bring in more revenue,” Miniutti said. “That's certainly commendable for nonprofit leaders in this tough economy.”

Pittsburgh was 26th of 30 markets surveyed in transparency and accountability. It fell behind the national average in the percentage of nonprofits listing board members and making audits and federal income tax returns available.

Among the nonprofits in the report are Carnegie Mellon University, the Pittsburgh Symphony Orchestra, the Pittsburgh Cultural Trust and United Way of Allegheny County.

St. Louis was first in the overall ranking. Philadelphia was 13th.

Bill Zlatos is a Trib Total Media staff writer.

 

 
 


Show commenting policy

Most-Read Stories

  1. Pirates star McCutchen marries in private ceremony
  2. Pine-Richland’s ‘Neil’ the ram has happy home
  3. Grand jury reaches decision in Ferguson shooting
  4. Hockey loses pair of legendary figures in Quinn, Tikhonov
  5. U.S. Steel to relocate corporate headquarters on former Civic Arena site
  6. With sanctions, sliding oil prices, Russia losing more than $100B a year, finance minister says
  7. Turnpike employees disciplined over sexually explicit emails
  8. Two judges with Pittsburgh ties announce candidacies for Pa. Supreme Court
  9. Monday - Nov. 24, 2014
  10. Google lunar contest: Pittsburgh team unveils rover
  11. High winds knock out power, injure man at Cranberry construction site
Subscribe today! Click here for our subscription offers.