Phillysafe

Analysis

Phillysafe is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Phillysafe reported income of $140k and spending of $43k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $23k to $140k (+517%), an average of +517% a year. The sharpest change came in the year to December 2023, when income rose by 517%. Over the whole period it spent 40% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Phillysafe sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Oregon Center for Voting & Elections ($140k), Medical Educational and Scientific Foundation of New York Inc ($140k) and New Jersey Right to Life Foundation Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.