Philadelphia Youth Network Inc

Analysis

Philadelphia Youth Network Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1999, 27 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 June 2023, Philadelphia Youth Network Inc reported income of $21.2m and spending of $21.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.0m to $21.2m (+6.3%), an average of +1.5% a year. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Philadelphia Youth Network Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Boys & Girls Clubs of San Francisco ($21.1m), Camp for All Foundation ($21.2m) and Emerald Youth Foundation ($21.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $315k (1.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $16.2m against liabilities of $7.4m, net assets of $8.8m. It reported 4,126 employees.