Philadelphia Fight

Analysis

Philadelphia Fight is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Philadelphia Fight reported income of $61.1m and spending of $61.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $57.0m to $61.1m (+7.2%), an average of +1.7% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Philadelphia Fight sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Oaklawn Psychiatric Center Inc ($61.0m), Stigler Health and Wellness Center Inc ($61.2m) and Servicios Medicos Universitarios Inc ($61.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $1.1m (1.8% of expenses). Other salaries and wages came to $13.7m. At year end it held assets of $25.4m against liabilities of $11.5m, net assets of $13.9m. It reported 255 employees.