United Merchants of the S 9th Business Association Inc

Analysis

United Merchants of the S 9th Business Association Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, United Merchants of the S 9th Business Association Inc reported income of $414k and spending of $435k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $296k to $414k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Merchants of the S 9th Business Association Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Jeremiahs Hope Inc ($414k), Urban Village Inc ($414k) and Greater Galilee Community Development Corporation ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Other salaries and wages came to $82k. At year end it held assets of $124k against liabilities of $13k, net assets of $111k. It reported 5 employees.