Philippi International Inc

Analysis

Philippi International Inc is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Philippi International Inc reported income of $165k and spending of $165k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $200k to $165k (-17%), an average of -6.1% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Philippi International Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include Fathers Ministries Inc ($165k), Bread of Life Christian Church in Orlando Inc ($165k) and Holy Ark Church ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.