Leadership Philadelphia

Analysis

Leadership Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1974, 52 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Leadership Philadelphia reported income of $1.1m and spending of $1.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $1.1m (-2.1%), an average of -0.5% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Philadelphia sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Theatrewashington ($1.1m), Dallas County Heritage Society ($1.1m) and Oklahoma Association for Retarded Citizens ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $605k (53% of expenses). Other salaries and wages came to $138k. At year end it held assets of $700k against liabilities of $149k, net assets of $551k. It reported 7 employees.