Les Dames Descoffier of Philadelphia

Analysis

Les Dames Descoffier of Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Les Dames Descoffier of Philadelphia reported income of $162k and spending of $90k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $162k (+107%), an average of +107% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 65% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Les Dames Descoffier of Philadelphia sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Two Rivers CDC ($162k), Ravenna Balloon A-Fair ($162k) and Martin County Community Devel Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 10% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.