PHMC Fort Washington

Analysis

PHMC Fort Washington is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1988, 38 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 June 2023, PHMC Fort Washington reported income of $485k and spending of $419k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $480k to $485k (+1.0%), an average of +0.2% a year. 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, PHMC Fort Washington sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Pocahontas Communications Cooperative Corporation ($485k), San Joaquin Valley Town Hall Inc ($485k) and 101 Main Street Inc ($485k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9.5m against liabilities of $4.2m, net assets of $5.4m.