Philadelphia School

Analysis

Philadelphia School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1971, 55 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Philadelphia School reported income of $18.9m and spending of $16.4m, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $14.5m to $18.9m (+30%), an average of +6.8% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Philadelphia School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Williamsport Home ($18.9m), LA Casa de Buena Salud Inc ($18.9m) and Jupiter Christian School Inc ($18.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $604k (3.7% of expenses). Other salaries and wages came to $7.1m. It paid $65k in professional fundraising fees. At year end it held assets of $32.5m against liabilities of $3.8m, net assets of $28.8m. It reported 185 employees.