Friends of Laurel Hill and West Laurel Hill Cemeteries

Analysis

Friends of Laurel Hill and West Laurel Hill Cemeteries is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1978, 48 years ago. 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 December 2023, Friends of Laurel Hill and West Laurel Hill Cemeteries reported income of $572k and spending of $769k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $561k to $572k (+2.0%), an average of +0.5% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Laurel Hill and West Laurel Hill Cemeteries sits at the 70th percentile: it is larger than about 70% 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 Leadership Wyoming ($572k), Zigen Fund Inc ($572k) and USA Hockey Inc ($572k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $48k (6.3% of expenses). Other salaries and wages came to $320k. At year end it held assets of $574k against liabilities of $663k, net assets of -$90k.