Greater Philadelphia Charitable Organization

Analysis

Greater Philadelphia Charitable Organization is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Greater Philadelphia Charitable Organization reported income of $97k and spending of $71k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $27k to $97k (+263%), an average of +263% a year. The sharpest change came in the year to December 2023, when income rose by 263%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Philadelphia Charitable Organization sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Hooversville Volunteer Fire Company ($97k), Friends of Turkana Inc ($97k) and Hay Springs School-Community Foundation ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.