Philadelphia Suns Inc

Analysis

Philadelphia Suns Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Philadelphia Suns Inc reported income of $177k and spending of $152k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $177k (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 141%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Philadelphia Suns Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Sweetwater Organic Community Farm Inc ($177k), M O M S Enrichment Center Inc ($177k) and The Cornerstone Creative Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.