Charity Search / PASSAVANT MEMORIAL HOMES HOUSING INITIATIVE NO 3 INC
Human Services (P73) 990 on File

PASSAVANT MEMORIAL HOMES HOUSING INITIATIVE NO 3 INC

EIN: 25-1891798 · PITTSBURGH, PA 15238-1318 · United States · FY 2024 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 87/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$60K
Total Revenue
$73K
Total Expenses
$429K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.6%
Fundraising Efficiency N/A
Operating Reserve 70.47x
Liability-to-Asset 1.9%
Revenue Diversification 99.4%
Compared with Peers
FY 2024
Compared with 11,641 similar organizations (United States, Human Services, under $100K in expenses), FY 2024.
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
87.6% 83.2%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
12.4% 7.9%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
70.5 mo 15.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
1.9% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
99.4% 100.0%
P10P90
Above median
Revenue growth
Year over year revenue growth
-5.4% 0.0%
P10P90
Expense growth
Year over year expense growth
-26.5% -0.2%
P10P90
Surplus margin
Surplus as a share of revenue
-22.7% 9.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $60K $73K $429K 87.6% 0
2023 $63K $99K $443K 94.5% 0
2022 $64K $63K $479K 90.7% 0
2021 $66K $48K N/A 0
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Organization Details
EIN
25-1891798
State
PA
City
PITTSBURGH
ZIP
15238-1318
Classification
P73
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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