THE PITTSBURGH PROJECT
Mission Statement
The Pittsburgh Project is a community development organization with a vibrant track record of developing leaders and serving the city's most vulnerable residents.Our target populations are:- At-risk young people who live in Pittsburgh's urban North Side neighborhoods- Youth, adults, and families who participate in challenging service experiences - Vulnerable, elderly homeowners who live in Pittsburgh or neighboring urban boroughsOur core services include the following:1. Youth Development We operate a progressive series of asset-building afterschool programs and summer camps in which 450 at-risk urban young people in grades K-12 grow academically, relationally, and spiritually, and become prepared to transform culture and to serve neighbors. 2. Service Camps We recruit, train, and deploy nearly 2,800 young people from churches and schools all over the country who join us for week or weekend of volunteer service. They perform free home repairs for in-need homeowners, totaling nearly 50,000 hours annually. 3. Homeowner Services Annually, our crews, staff, and volunteers provide free home repairs, visitation, and links with social services and local churches for about 250 homeowners who are economically in-need, at risk of eviction, and are in poor health due to advanced age or disability. We work toward ensuring that every homeowner is able to live in a safe, healthy, and accessible home, with all the social networks needed for optimum living. 4. Community Outreach We coordinate the restoration and operation of Fowler Park and Pool, a centrally located, magnificent neighborhood resource that had fallen into disrepair and was closed by the city in 2003. We also run a multifaceted Urban Farming Initiative in which volunteers, staff and students have transformed an abandoned baseball field into a 1.5 acre farm, established a weekly farmer's market, and engage neighbors in growing fresh produce.
Financial Overview — FY 2024
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.6% | 85.1% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.4% | 11.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.0% | 0.2% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
138.1% | 138.4% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.9 mo | 10.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.2% | 21.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
49.5% | 91.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
328.8% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
17.6% | 13.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-4.1% | 1.8% |
P10P90
|
Impact
2 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Healthy Snack Served to Youth in After School Program | 85 | $1.00 | — | Per Day |
| 1 Student attends Summer Day Camp | 115 | $1,200.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | N/A | N/A | N/A | — | — |
| 2023 | $1.3M | $1.4M | $1.1M | 86.6% | 49 |
| 2022 | $310K | $1.2M | $1.2M | 83.2% | 35 |
| 2021 | $1.4M | $838K | N/A | — | 35 |
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