Christian Association of the University of Pennsylvania

Analysis

Christian Association of the University of Pennsylvania is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1939, 87 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Christian Association of the University of Pennsylvania reported income of $154k and spending of $198k, spending 129% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $166k to $154k (-7.7%), an average of -2.6% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Association of the University of Pennsylvania sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Emergency Nurses Association ($154k), Joliet Park Foundation Inc ($154k) and Cultural Language and Arts Student Enrichment Foundation ($154k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $65k (33% of expenses). At year end it held assets of $665k against liabilities of $5,898, net assets of $659k. 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.