First District Self-Help Inc

Analysis

First District Self-Help Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, First District Self-Help Inc reported income of $311k and spending of $735k, spending 236% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $311k (-87%), an average of -40% a year. The sharpest change came in the year to December 2020, when income rose by 665%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, First District Self-Help Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Called to Rescue ($311k), Bethlehem Central High School Mens Association Scholorship Fund ($311k) and Inside the Outdoors Foundation ($311k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 41% of the total. Other salaries and wages came to $200k. At year end it held assets of $16.1m against liabilities of $3,165, net assets of $16.1m. It reported 10 employees.

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.