Philadelphia Learning Collaborative

Analysis

Philadelphia Learning Collaborative is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Philadelphia Learning Collaborative reported income of $324k and spending of $331k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $441k to $324k (-27%), an average of -27% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Philadelphia Learning Collaborative sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Democracy Earth Foundation ($323k), Riverrun Community Montessori ($324k) and Salado Independent School District Education Foundation Incorporated ($323k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $134k (40% of expenses). Other salaries and wages came to $25k. At year end it held assets of $485k against liabilities of $10k, net assets of $475k. It reported 2 employees.