Philippine Development Foundation

Analysis

Philippine Development Foundation is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Philippine Development Foundation reported income of $144k and spending of $296k, spending 205% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $541k to $144k (-73%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Philippine Development Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Hands on Peru ($144k), American Legion Mountaineer Boys State Inc ($144k) and Save Abee Foundation Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 156% of the total. Compensation of current officers, directors and key employees was $85k (29% of expenses). Other salaries and wages came to $6,446. It paid $5,500 in professional fundraising fees. At year end it held assets of $413k against liabilities of $13k, net assets of $400k. It reported 1 employees.