Philadelphia Nationals Inc

Analysis

Philadelphia Nationals Inc is a registered charity in United States, based in Chalfont, PA. It received its IRS tax-exemption ruling in February 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 December 2023, Philadelphia Nationals Inc reported income of $2.0m and spending of $2.0m, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $590k to $2.0m (+242%), an average of +28% a year. The sharpest change came in the year to December 2019, when income rose by 107%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Philadelphia Nationals Inc 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 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Continental Baptist Missions ($2.0m), Field of Hope Community Campus ($2.0m) and Kansas State Newman Foundation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $1.2m against liabilities of $777k, net assets of $462k.