Mazzoni Center

Analysis

Mazzoni Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mazzoni Center reported income of $14.1m and spending of $16.2m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.7m to $14.1m (-21%), an average of -5.6% 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, Mazzoni Center sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Great Lakes Inter-Tribal Council Inc ($14.1m), Pathfinder Village Inc ($14.1m) and Illinois Association of School Boards ($14.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $940k (5.8% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $20.3m against liabilities of $11.8m, net assets of $8.5m. It reported 170 employees.