Philadelphia Academy Community Development Corporation

Analysis

Philadelphia Academy Community Development Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Philadelphia Academy Community Development Corporation reported income of $550k and spending of $274k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $550k to $550k (+0.0%), an average of +0.0% a year. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Philadelphia Academy Community Development Corporation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include United Charity ($550k), Carbondale Clay Center ($550k) and Creative Learning Institute Inc ($550k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.7m against liabilities of $2.4m, net assets of $2.2m.