Philadelphia Artists Collective Incorporated

Analysis

Philadelphia Artists Collective Incorporated is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Philadelphia Artists Collective Incorporated reported income of $183k and spending of $194k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $75k to $183k (+145%), an average of +145% a year. The sharpest change came in the year to June 2023, when income rose by 145%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Philadelphia Artists Collective Incorporated sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Buckhead Heritage Society Inc ($183k), Varnum Continentals Inc ($183k) and Northwest Stone Sculptors Assn ($183k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. At year end it held assets of $141k against liabilities of $11k, net assets of $130k.