Phil Clef Club of the Performing Arts Inc

Analysis

Phil Clef Club of the Performing Arts Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Phil Clef Club of the Performing Arts Inc reported income of $728k and spending of $673k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $389k to $728k (+87%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Phil Clef Club of the Performing Arts Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Massaro Community Farm Inc ($728k), Bessie Smith Cultural Center African American Museum & ($729k) and Loyal Order of Reenactment Enthusiasts Inc ($728k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Other salaries and wages came to $85k. At year end it held assets of $964k against liabilities of $24k, net assets of $940k. It reported 4 employees.