Pennsylvania RTC

Analysis

Pennsylvania RTC is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2017, 9 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, Pennsylvania RTC reported income of $1.1m and spending of $1.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $603k to $1.1m (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pennsylvania RTC sits at the 93rd percentile: it is larger than about 92% 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 Med-Camps of Louisiana Inc ($1.1m), Union County Elite FC Inc ($1.1m) and Jack Link Community Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $195k (19% of expenses). Other salaries and wages came to $462k. At year end it held assets of $387k against liabilities of $183k, net assets of $205k. It reported 5 employees.