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Philly Goat Project Inc

RegisteredEIN 83-4665930Narberth, PAAnimals
Income$306k2023-12
Spending$262ksame year
Spent / received80%2-year average
Size in its cause72nd pctAnimals
Exempt since2019Publicly supported organisat
Employees7latest return

Analysis

Philly Goat Project Inc is a registered charity in United States, based in Narberth, PA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Philly Goat Project Inc reported income of $306k and spending of $262k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $222k to $306k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 80% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Philly Goat Project Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Brookline Labrador Retriever Rescue Inc ($305k), Mitchell Farm Equine Retirement Inc ($306k) and Friends of Willapa National Wildlife Refuge ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 36% of the total. Other salaries and wages came to $127k. At year end it held assets of $208k against liabilities of $0, net assets of $208k. It reported 7 employees.

Income and spending

$0$76k$153k$229k$306k2022 Income: $222,3542022 Spending: $161,87320222023 Income: $305,5692023 Spending: $261,5732023
IncomeSpending

Where the income comes from

  • Contributions & grants 57%
  • Program services 36%
  • Other 6.8%

Similar-sized charities, same cause

CharityLocationIncome
Brookline Labrador Retriever Rescue IncWarrington$305k
Mitchell Farm Equine Retirement IncSalem$306k
Friends of Willapa National Wildlife RefugeOcean Park$305k
Friends of the Animal ShelterNewport$306k