Philadelphia Union Foundation

Analysis

Philadelphia Union Foundation is a registered charity in United States, based in Chester, PA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Philadelphia Union Foundation reported income of $1.1m and spending of $819k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $1.1m (+449%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 179%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Philadelphia Union Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Community Nature Connection ($1.1m), San Carlos United Soccer Club Inc ($1.1m) and Loveland Ski Club Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $90k (11% of expenses). Other salaries and wages came to $60k. At year end it held assets of $1.6m against liabilities of $342k, net assets of $1.2m. It reported 3 employees.