Philadelphia Relief Fund

Analysis

Philadelphia Relief Fund is a registered charity in United States, based in Newtown SQ, PA. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Philadelphia Relief Fund reported income of $2.3m and spending of $2.7m, spending 120% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.1m to $2.3m (+101%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Philadelphia Relief Fund sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include CH Services Inc ($2.3m), Philadelphia Senior Center II ($2.3m) and Hispanic Center Lehigh Valley ($2.3m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.3m against liabilities of $80k, net assets of $2.2m.