Education
(B31Z)
IRS Verified
DX Registered
990 on File
PITTSBURGH INSTITUTE OF AERONAUTICS
Financial strength (30%)
84/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$13.6M
Total Revenue
$12.0M
Total Expenses
$18.1M
Net Assets
130
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.6%
Fundraising Efficiency
0.0%
Operating Reserve
18.10x
Liability-to-Asset
39.5%
Revenue Diversification
82.6%
Executive Compensation
$592K
Compared with Peers
FY 2023
Compared with 3,578 similar organizations
(United States, Education, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.6% | 84.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.4% | 13.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.7% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 631.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
18.1 mo | 10.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
39.5% | 34.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
82.6% | 87.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-9.5% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-10.3% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
11.4% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $13.6M | $12.0M | $18.1M | 88.6% | 130 |
| 2022 | $15.0M | $13.4M | $16.5M | 82.9% | 136 |
| 2021 | $17.1M | $12.3M | N/A | — | 140 |
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