Philadelphia Bail Fund

Analysis

Philadelphia Bail Fund is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 2022, Philadelphia Bail Fund reported income of $743k and spending of $1.0m, spending 138% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $4.5m to $743k (-83%), an average of -59% a year. The sharpest change came in the year to December 2021, when income dropped by 77%. Over the whole period it spent 34% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Philadelphia Bail Fund sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Kansas Holistic Defenders Incorporated ($743k), Communities for Restorative Justice ($744k) and St Clair County Child Abuse Neglect Council Inc ($743k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $43k (4.2% of expenses). Other salaries and wages came to $307k. At year end it held assets of $4.1m against liabilities of $2,800, net assets of $4.1m. It reported 5 employees.