Philadelphia Hebrew Public Charter School

Analysis

Philadelphia Hebrew Public Charter School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Philadelphia Hebrew Public Charter School reported income of $8.8m and spending of $8.2m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.8m to $8.8m (+135%), an average of +33% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Philadelphia Hebrew Public Charter School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Kipp North Carolina Public Schools Inc ($8.8m), Nothern United Charter Schools ($8.8m) and Stride Academy ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $174k (2.1% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $16.7m against liabilities of $13.8m, net assets of $2.9m. It reported 76 employees.