Philastine Relief Fund

Analysis

Philastine Relief Fund is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Philastine Relief Fund reported income of $102k and spending of $61k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $232k to $102k (-56%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Philastine Relief Fund sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Assisting Hands Foundation Inc ($102k), Mentors Driving Change for Boys Men and Dads ($102k) and Ocl Properties IV Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.