Philly Revolution Inc

Analysis

Philly Revolution Inc is a registered charity in United States, based in Horsham, PA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Revolution Inc reported income of $66k and spending of $65k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $66k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Philly Revolution Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include Brownsville Brasa Soccer League Inc ($66k), Colchester Youth Basketball League Inc ($66k) and Clarence Football Boosters Club Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $706 against liabilities of $0, net assets of $706.