O a P Inc

Analysis

O a P Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, O a P Inc reported income of $582k and spending of $312k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $577k to $582k (+0.8%), an average of +0.2% a year. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, O a P Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Durham Foundation Annie Watts Hill Fund ($581k), Wentworth Economic Development Corporation Inc ($582k) and Be Well Cafe Corp ($581k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $2.9m against liabilities of $1.4m, net assets of $1.5m.