Philomena House Corp

Analysis

Philomena House Corp is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in February 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, Philomena House Corp reported income of $183k and spending of $140k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $171k to $183k (+7.0%), an average of +7.0% a year. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Philomena House Corp sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Glenn Markman Foundation Inc ($183k), Orphans Light Inc ($183k) and Marketplace Sonshine Sonrise Inc ($183k).

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 $173k against liabilities of $2,119, net assets of $171k.