Philadelphia Community Development Coalition

Analysis

Philadelphia Community Development Coalition is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Philadelphia Community Development Coalition reported income of $544k and spending of $277k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $491k to $544k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Philadelphia Community Development Coalition sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Putnam County Community Improvement Corporation ($544k), Vernon Economic Development Association Inc ($544k) and Forging Industry Educational and Research Foundation ($544k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $1.0m against liabilities of $901k, net assets of $119k. It reported 3 employees.