Rebuilding Together Philadelphia

Analysis

Rebuilding Together Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1989, 37 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, Rebuilding Together Philadelphia reported income of $3.1m and spending of $3.2m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $3.1m (+71%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rebuilding Together Philadelphia sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Boys & Girls Club of Noblesville Inc ($3.1m), Sacred Heart Community Corporation ($3.1m) and Brooklyn Bridge Park Conservancy Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $118k (3.7% of expenses). Other salaries and wages came to $615k. It paid $20k in professional fundraising fees. At year end it held assets of $2.6m against liabilities of $1.3m, net assets of $1.3m. It reported 13 employees.