Success America

Analysis

Success America is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 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 December 2023, Success America reported income of $2.6m and spending of $2.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.6m (+117%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Success America sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Nextech Org Inc ($2.6m), Welcome Home Inc ($2.6m) and Baltimore Electrical Joint Apprenticeship & Training Trust Fu ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $5,084 against liabilities of $254k, net assets of -$249k. It reported 215 employees.