Graduate Philadelphia

Analysis

Graduate Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 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 December 2023, Graduate Philadelphia reported income of $1.4m and spending of $1.3m, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.5m to $1.4m (-3.9%), an average of -2.0% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Graduate Philadelphia sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Foundation for Mott Community College ($1.4m), Biomedical Science Careers Project Inc ($1.4m) and New Beginning Life Chaning Network Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $165k (12% of expenses). Other salaries and wages came to $575k. At year end it held assets of $1.7m against liabilities of $286k, net assets of $1.4m. It reported 12 employees.