The Salvation Army Philadelphia Booth Manor Inc

Analysis

The Salvation Army Philadelphia Booth Manor Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, The Salvation Army Philadelphia Booth Manor Inc reported income of $799k and spending of $1.3m, spending 165% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $912k to $799k (-12%), an average of -3.2% a year. The sharpest change came in the year to September 2022, when income rose by 49%. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Salvation Army Philadelphia Booth Manor Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Stability First Inc ($799k), City of Fairfax Renaissance Housing Corporation ($799k) and South Dallas Fair Park Innercity Community Development Corporation ($799k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $189k. At year end it held assets of $8.5m against liabilities of $13.3m, net assets of -$4.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.