Core Philly Charitable TR

Analysis

Core Philly Charitable TR is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Core Philly Charitable TR reported income of $294k and spending of $261k, spending 89% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $206k to $294k (+42%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 331%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Core Philly Charitable TR sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Copassion Inc ($294k), Jamboree Scholarship Fund Inc ($294k) and Texas Smiles Foundation ($294k).

Compensation of current officers, directors and key employees was $20k (7.6% of expenses). At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.