Penns Village

Analysis

Penns Village is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Penns Village reported income of $185k and spending of $148k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $173k to $185k (+6.6%), an average of +6.6% a year. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Penns Village 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 PA. Charities of a similar size with the same main cause include Alive & Well Inc ($185k), Possum Kingdom Lake Volunteer Fire and Ambulance Service Inc ($185k) and Girls Incorporated Foundation Trust Schenectady ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $224k against liabilities of $350, net assets of $223k.