Pennsylvania Stands Up Institute

Analysis

Pennsylvania Stands Up Institute is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Pennsylvania Stands Up Institute reported income of $1.0m and spending of $1.6m, spending 155% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $3.6m to $1.0m (-71%), an average of -71% a year. The sharpest change came in the year to December 2023, when income dropped by 71%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pennsylvania Stands Up Institute sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Downtown Tempe Foundation ($1.0m), Coral Reef Research Foundation Inc ($1.0m) and Neighborhood Housing Partnership of Greater Springfield Inc ($1.0m).

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 $114k (7.2% of expenses). Other salaries and wages came to $852k. At year end it held assets of $1.8m against liabilities of $450k, net assets of $1.4m.