Philadelphia Club Foundation Inc

Analysis

Philadelphia Club Foundation Inc is a registered charity in United States, based in Bryn Mawr, PA. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Philadelphia Club Foundation Inc reported income of $179k and spending of $114k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $196k to $179k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 57% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Philadelphia Club Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Community Reinvestment Alliance of South Florida Inc ($179k), Oakland Transportation Management Association ($179k) and Mission Dental Foundation Inc ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $891k against liabilities of $0, net assets of $891k.