Philadelphia Outward Bound Center

Analysis

Philadelphia Outward Bound Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 Outward Bound Center reported income of $3.1m and spending of $3.6m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.1m (+9.7%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Philadelphia Outward Bound Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Voices Together ($3.1m), Genesis Motor America Foundation ($3.1m) and Maslow Project ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $191k (5.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.3m against liabilities of $564k, net assets of $1.8m. It reported 97 employees.