Philadelphia Sketch Club

Analysis

Philadelphia Sketch Club is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Philadelphia Sketch Club reported income of $144k and spending of $133k, spending 92% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $132k to $144k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to May 2023, when income rose by 59%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Philadelphia Sketch Club sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include The Kennebunkport Historical Society ($144k), Rodrigo Rodriguez Ministries LLC ($144k) and Mon Valley Academy for the Arts Incorporated ($144k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 54% and program service revenue 40% of the total. Other salaries and wages came to $28k. At year end it held assets of $703k against liabilities of $7,443, net assets of $695k. It reported 4 employees.