Philadelphia School of Democracy

Analysis

Philadelphia School of Democracy is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Philadelphia School of Democracy reported income of $375k and spending of $423k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $298k to $375k (+26%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Philadelphia School of Democracy 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 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Kidz R US Too ($375k), F E a T of Southern Nevada ($375k) and Excel Academy LLC ($375k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $96k (23% of expenses). Other salaries and wages came to $115k. At year end it held assets of $1.6m against liabilities of $1.7m, net assets of -$80k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.