Pennsylvania Philharmonic

Analysis

Pennsylvania Philharmonic is a registered charity in United States, based in Chester, PA. It received its IRS tax-exemption ruling in November 2019, 7 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 July 2023, Pennsylvania Philharmonic reported income of $205k and spending of $203k, spending 99% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $151k to $205k (+36%), an average of +36% a year. The sharpest change came in the year to July 2023, when income rose by 36%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pennsylvania Philharmonic sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include The Girlchoir of South Florida Inc ($205k), Pioneer Engineers Club of Indiana Inc ($205k) and 12th Armored Division Memorial Museum Foundation Inc ($205k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $37k against liabilities of $198k, net assets of -$160k.