Philadelphia Dragons Sports Association

Analysis

Philadelphia Dragons Sports Association is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Philadelphia Dragons Sports Association reported income of $605k and spending of $444k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $324k to $605k (+87%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 129%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Philadelphia Dragons Sports Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Anne Arundel County Fair Inc ($605k), East Carolina Aquatics Inc ($605k) and Acton Boxborough Youth Soccer Inc ($605k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. It paid $1,293 in professional fundraising fees. At year end it held assets of $367k against liabilities of $3,398, net assets of $363k.