Resident Advisory Board of Philadelphia

Analysis

Resident Advisory Board of Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1970, 56 years ago. 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 March 2024, Resident Advisory Board of Philadelphia reported income of $379k and spending of $447k, spending 118% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $265k to $379k (+43%), an average of +9.3% a year. The sharpest change came in the year to March 2022, when income rose by 200%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Resident Advisory Board of Philadelphia sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Childrens Rainbow a Cooperative Preschool ($379k), Virginians for Veterans ($379k) and Hand to the Plow Ministries Inc ($379k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $164k. At year end it held assets of $268k against liabilities of $0, net assets of $268k. It reported 7 employees.