The Presbyterian Foundation for Philadelphia

Analysis

The Presbyterian Foundation for Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, The Presbyterian Foundation for Philadelphia reported income of $13.5m and spending of $5.0m, leaving 63% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.1m to $13.5m (+121%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 271%. Over the whole period it spent 31% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Presbyterian Foundation for Philadelphia sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Birmingham AIDS Outreach Inc ($13.5m), Hamilton Ambulatory Surgery Center Inc ($13.5m) and Burleson St Joseph Health Center of Caldwell Texas ($13.4m).

At year end it held assets of $353.1m against liabilities of $0, net assets of $353.1m.