Philadelphia Activities Fund Inc

Analysis

Philadelphia Activities Fund Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2021, 5 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 (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 2024, Philadelphia Activities Fund Inc reported income of $1.5m and spending of $4.2m, spending 277% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.7m to $1.5m (-45%), an average of -11% a year. The sharpest change came in the year to June 2022, when income rose by 123%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Philadelphia Activities Fund Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Peoples Park Foundation Inc ($1.5m), Section One Inc ($1.5m) and Clayton Shaw Park Swimming Team Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.