Philadelphia Dermatological Society

Analysis

Philadelphia Dermatological Society is a registered charity in United States, based in Huntington Valley, PA. It received its IRS tax-exemption ruling in January 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Philadelphia Dermatological Society reported income of $52k and spending of $76k, spending 148% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $624k to $52k (-92%), an average of -92% a year. The sharpest change came in the year to August 2023, when income dropped by 92%. Over the whole period it spent 43% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Philadelphia Dermatological Society sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Dancers Care Foundation Inc ($52k), Ms Fiteffect ($52k) and Romito Foundation ($52k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $628k against liabilities of $0, net assets of $628k.