A Philip Randolph Educational Fund

Analysis

A Philip Randolph Educational Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1980, 46 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 August 2023, A Philip Randolph Educational Fund reported income of $192k and spending of $222k, spending 115% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $86k to $192k (+124%), an average of +22% a year. The sharpest change came in the year to August 2020, when income rose by 555%. Over the whole period it spent 90% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, A Philip Randolph Educational Fund sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 29th percentile within DC. Charities of a similar size with the same main cause include Fresh Start Inc ($192k), Holocaust Learning and Education Fund Inc ($192k) and Community Mediation DC ($192k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $98k. At year end it held assets of $189k against liabilities of $0, net assets of $189k.