Philadelphia Charters for Excellence

Analysis

Philadelphia Charters for Excellence is a registered charity in United States, based in Glenside, PA. It received its IRS tax-exemption ruling in August 2014, 12 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 June 2023, Philadelphia Charters for Excellence reported income of $696k and spending of $687k, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $199k to $696k (+250%), an average of +250% a year. The sharpest change came in the year to June 2023, when income rose by 250%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Philadelphia Charters for Excellence sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Media Evangelism Association USA ($696k), Norfolk Area Community Kollel ($696k) and Mennonite Mutual Land Trustee Corporation ($696k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $530k against liabilities of $476k, net assets of $53k.