Philip Murray House II Inc

Analysis

Philip Murray House II Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Philip Murray House II Inc reported income of $716k and spending of $871k, spending 122% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $572k to $716k (+25%), an average of +5.8% a year. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Philip Murray House II Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Puget Sound Opportunties Industrialization Center ($716k), Citilookout ($717k) and Montgomery County Youth Services Bureau Inc ($716k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $204k. At year end it held assets of $6.3m against liabilities of $8.8m, net assets of -$2.5m. It reported 21 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.