Philly Bully Team

Analysis

Philly Bully Team is a registered charity in United States, based in Norristown, PA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Philly Bully Team reported income of $750k and spending of $755k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $304k to $750k (+147%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Philly Bully Team sits at the 86th percentile: it is larger than about 86% 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 Wyoming Wild Sheep Foundation ($749k), Rescue Rovers ($750k) and Saddlebred Rescue Inc ($749k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $115k (15% of expenses). At year end it held assets of $2,082 against liabilities of $4,437, net assets of -$2,355. It reported 3 employees.