Morris W Stroud 3rd TR U-W Pennswood 2

Analysis

Morris W Stroud 3rd TR U-W Pennswood 2 is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1991, 35 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 June 2023, Morris W Stroud 3rd TR U-W Pennswood 2 reported income of $472k and spending of $417k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $450k to $472k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morris W Stroud 3rd TR U-W Pennswood 2 sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Boca Raton Philarmonic Symphonia ($472k), Mercy Hilltop Center Inc ($472k) and Ivy Community Foundation Inc ($472k).

Compensation of current officers, directors and key employees was $32k (7.6% of expenses). At year end it held assets of $9.0m against liabilities of $0, net assets of $9.0m.