It Takes Philly Encouraging and Empowering Our Children to Aim Hig

Analysis

It Takes Philly Encouraging and Empowering Our Children to Aim Hig is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, It Takes Philly Encouraging and Empowering Our Children to Aim Hig reported income of $2.9m and spending of $2.8m, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $3.1m to $2.9m (-6.2%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, It Takes Philly Encouraging and Empowering Our Children to Aim Hig sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Williamson County Programs on Aging ($2.9m), League Against AIDS Inc ($2.9m) and The Florida Center for Children and Youth Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $205k (7.3% of expenses). Other salaries and wages came to $670k. At year end it held assets of $2.6m against liabilities of $172k, net assets of $2.4m. It reported 33 employees.