Artz Philadelphia

Analysis

Artz Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Artz Philadelphia reported income of $339k and spending of $245k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $339k (+93%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Artz Philadelphia sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Come to Him Ministries ($338k), Health Tech Alley ($339k) and The Step Up Foundation ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $61k (25% of expenses). Other salaries and wages came to $86k. At year end it held assets of $236k against liabilities of $11k, net assets of $225k.