Philadelphia Vip Inc

Analysis

Philadelphia Vip Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Philadelphia Vip Inc reported income of $2.2m and spending of $2.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.2m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 88% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Philadelphia Vip Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include We the Protesters Inc ($2.2m), Legal Services of Northern Michigan Inc ($2.2m) and Court Appointed Special Advocates of Santa Barbara County ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $3.3m against liabilities of $675k, net assets of $2.6m. It reported 26 employees.