Penn Hillel

Analysis

Penn Hillel is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1984, 42 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 June 2023, Penn Hillel reported income of $2.9m and spending of $3.3m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $2.9m (-11%), an average of -2.9% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Penn Hillel sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Bingham Fund for Excellence in Teaching at Transylvania Univ ($2.9m), Collegiate Edu-Nation ($2.9m) and Youthbuild Preparatory Academy ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $341k (10% of expenses). Other salaries and wages came to $974k. It paid $2,877 in professional fundraising fees. At year end it held assets of $9.4m against liabilities of $356k, net assets of $9.1m. It reported 21 employees.