National Philanthropic TR

Analysis

National Philanthropic TR is a registered charity in United States, based in Jenkintown, PA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, National Philanthropic TR reported income of $10.05bn and spending of $4.55bn, leaving 55% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.86bn to $10.05bn (+252%), an average of +37% a year. The sharpest change came in the year to June 2020, when income rose by 88%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, National Philanthropic TR sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within PA. Charities of a similar size with the same main cause include Donor Advised Charitable Giving ($7.65bn), Vanguard Charitable Endowment Program ($4.58bn) and A D F Community Outreach Foundation Inc ($2.69bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $4.2m (0.1% of expenses). Other salaries and wages came to $20.3m. At year end it held assets of $28.24bn against liabilities of $322.1m, net assets of $27.92bn. It reported 228 employees.