Philadelphia Sculptors Inc

Analysis

Philadelphia Sculptors Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Philadelphia Sculptors Inc reported income of $60k and spending of $15k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $60k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 25% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Philadelphia Sculptors Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include Woodland Indian Art Inc ($60k), American Museum of Peace Inc ($60k) and Four Corners Institute ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.