Greater Philadelphia Business Coalition on Health Inc

Analysis

Greater Philadelphia Business Coalition on Health Inc 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 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, Greater Philadelphia Business Coalition on Health Inc reported income of $1.1m and spending of $927k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $574k to $1.1m (+88%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Greater Philadelphia Business Coalition on Health Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include American Institute for Medical and Bioligical Engineering ($1.1m), The Northwest Network of Bisexual ($1.1m) and New Horizons Shelter and Outreach Centers Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $437k (47% of expenses). At year end it held assets of $1.1m against liabilities of $386k, net assets of $690k. It reported 3 employees.