Energy Coordinating Agency of Philadelphia Inc

Analysis

Energy Coordinating Agency of Philadelphia Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Energy Coordinating Agency of Philadelphia Inc reported income of $21.1m and spending of $21.3m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $11.0m to $21.1m (+92%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Energy Coordinating Agency of Philadelphia Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Bethany on 42nd ($21.0m), Homewood Living Williamsport Inc ($21.1m) and Wesleyan Senior Care Inc ($21.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $4.5m. At year end it held assets of $4.1m against liabilities of $2.1m, net assets of $2.0m. It reported 89 employees.