Philadelphia City Institute

Analysis

Philadelphia City Institute is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1942, 84 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Philadelphia City Institute reported income of $870k and spending of $329k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $659k to $870k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 211%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Philadelphia City Institute sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Carmelite Monastery of the Sacred Hearts ($870k), Endeavor House Ministries ($870k) and Ng3 Organization Inc ($869k).

At year end it held assets of $6.0m against liabilities of $0, net assets of $6.0m.