Prevention Point Philadelphia Incorporated

Analysis

Prevention Point Philadelphia Incorporated is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1994, 32 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, Prevention Point Philadelphia Incorporated reported income of $16.3m and spending of $16.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.9m to $16.3m (+138%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 65%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prevention Point Philadelphia Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include The Fund for American Studies ($16.3m), Madonna Towers of Rochester Inc ($16.4m) and St Josephs Catholic School Inc ($16.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $123k (0.8% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $7.4m against liabilities of $3.4m, net assets of $4.1m. It reported 211 employees.