Philadelphia Community Corps

Analysis

Philadelphia Community Corps is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2019, Philadelphia Community Corps reported income of $133k and spending of $87k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2018 to December 2019, income grew from $116k to $133k (+15%), an average of +15% a year. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Philadelphia Community Corps sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include James R Cook Labor Agency ($133k), Technology Industry Group ($133k) and Ionia County Economic Alliance ($133k).

On its Form 990 for the period ending December 2019, revenue came from contributions and grants 109% and program service revenue 7.2% of the total. At year end it held assets of $110k against liabilities of $71k, net assets of $39k. It reported 1 employees.