Philly Rise GBB

Analysis

Philly Rise GBB is a registered charity in United States, based in Bensalem, PA. It received its IRS tax-exemption ruling in April 2024, 2 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 August 2022, Philly Rise GBB reported income of $128k and spending of $102k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2021 to August 2022, income fell from $129k to $128k (-0.7%), an average of -0.7% a year. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Philly Rise GBB sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Whitemarsh Girls Softball League Incorporated ($128k), Weston Basketball Association Inc ($128k) and Viridian Sailing Center Foundation ($128k).

On its Form 990-EZ for the period ending August 2022, revenue came from contributions and grants 88% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.