On Lok House of Philadelphia Inc

Analysis

On Lok House of Philadelphia Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 1985, 41 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, On Lok House of Philadelphia Inc reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+11%), an average of +2.6% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, On Lok House of Philadelphia Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Tranquillity Camp Inc ($1.3m), Gordon Bubolz Nature Preserve Inc ($1.3m) and Nhra Motorsports Museum ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $172k. At year end it held assets of $3.0m against liabilities of $2.6m, net assets of $439k. It reported 7 employees.