Explorations PHP Inc

Analysis

Explorations PHP Inc is a registered charity in United States, based in Norristown, PA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Explorations PHP Inc reported income of $2.5m and spending of $1.7m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $673k to $2.5m (+274%), an average of +39% a year. The sharpest change came in the year to June 2020, when income rose by 68%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Explorations PHP Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Wilmot Care Center ($2.5m), Project Access Northwest ($2.5m) and Ronald McDonald House Charities of San Antonio Texas Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $536k. At year end it held assets of $1.9m against liabilities of $1.3m, net assets of $587k.