Mantua and Powelton Alliance

Analysis

Mantua and Powelton Alliance is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2019, 7 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mantua and Powelton Alliance reported income of $725k and spending of $296k, leaving 59% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $623k to $725k (+16%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 21% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mantua and Powelton Alliance sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Charlestown Benevolent Care Foundation Inc ($725k), Pennsylvania State Association of County Fairs ($725k) and Circle of Love Center Inc ($725k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.