Ardent Community Trust of Pennsylvania

Analysis

Ardent Community Trust of Pennsylvania is a registered charity in United States, based in King of Prussia, PA. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Ardent Community Trust of Pennsylvania reported income of $1.2m and spending of $1.4m, spending 117% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.5m to $1.2m (-22%), an average of -4.9% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ardent Community Trust of Pennsylvania sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Stepping Stones Educational Therapy Center Inc ($1.2m), Youth Empowered Society Inc ($1.2m) and Libertys Promise Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $151k (11% of expenses). Other salaries and wages came to $468k. At year end it held assets of $1.3m against liabilities of $286k, net assets of $970k. It reported 10 employees.