Philadelphia Childrens Foundation

Analysis

Philadelphia Childrens Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Philadelphia Childrens Foundation reported income of $62k and spending of $88k, spending 141% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $227k to $62k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Philadelphia Childrens Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Catawba Springs Elementary PTO ($62k), Al Ludwig Memorial Fund ($62k) and Nick Rozanski Memorial Foundation ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (74% of expenses). At year end it held assets of $201k against liabilities of $0, net assets of $201k.