Rush Philanthropic Arts Foundation

Analysis

Rush Philanthropic Arts Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Rush Philanthropic Arts Foundation reported income of $247k and spending of $219k, spending 88% of its income. Across the 4 years on record, from July 2019 to July 2023, income fell from $366k to $247k (-32%), an average of -12% a year. The sharpest change came in the year to July 2021, when income dropped by 45%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rush Philanthropic Arts Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Buffalo Niagara Freedom Station Coalition Inc ($247k), East Side Arts Council ($247k) and Kalashramusa Inc ($247k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $66k against liabilities of $3,449, net assets of $62k.