Philadelphia Aids Thrift
Philadelphia Aids Thrift shows strong asset growth and no reported officer compensation, with recent expenses slightly exceeding revenue.
EIN: 203253349 · Philadelphia, PA · NTEE: P29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| Net Assets | $1.8M |
| Transparency Score | 92/100 |
Is Philadelphia Aids Thrift Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Philadelphia Aids Thrift directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Philadelphia Aids Thrift
Philadelphia Aids Thrift (EIN: 203253349) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code P29. The organization reported total revenue of $2.3M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philadelphia Aids Thrift's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philadelphia Aids Thrift is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-91,159 |
| Total Assets | $2.7M |
| Total Liabilities | $931K |
| Net Assets | $1.8M |
| Operating Margin | -4.6% |
| Debt-to-Asset Ratio | 33.9% |
| Months of Reserves | 15.9 months |
Financial Health Grade: B
In 2023, Philadelphia Aids Thrift reported a deficit of $91K with expenses exceeding revenue, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 33.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Philadelphia Aids Thrift's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.9% | +12.9% | +14.7% |
| 2022 | +34.1% | +17.8% | +22.4% |
| 2021 | +53.7% | +8.4% | +14.1% |
| 2020 | -25.5% | -7.5% | -7.8% |
| 2019 | -8.5% | +17.6% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Philadelphia Aids Thrift with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Philadelphia Aids Thrift allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $91K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.9%.
Executive Compensation Analysis
Philadelphia Aids Thrift consistently reports 0% officer compensation across all available filings, indicating that no highly compensated officers receive salaries, or that any compensation falls below reporting thresholds, which is highly favorable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Philadelphia Aids Thrift's IRS 990 filings:
- Expenses ($2,080,744) exceeded revenue ($1,989,585) in the 2023 fiscal period, indicating an operating loss for that year.
Strengths
The following positive indicators were identified for Philadelphia Aids Thrift:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds.
- Significant asset growth from $997,986 in 2014 to $2,749,494 in 2023.
- Strong historical revenue growth, nearly doubling over the past decade.
- High transparency with 13 years of publicly available IRS 990 filings.
- Likely strong program spending given the nature of a thrift store and no reported officer compensation.
Frequently Asked Questions about Philadelphia Aids Thrift
Is Philadelphia Aids Thrift a legitimate charity?
Philadelphia Aids Thrift (EIN: 203253349) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Philadelphia Aids Thrift spend its money?
Philadelphia Aids Thrift directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Philadelphia Aids Thrift tax-deductible?
Philadelphia Aids Thrift is registered as a tax-exempt nonprofit (EIN: 203253349). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Philadelphia Aids Thrift's spending goes to programs?
Philadelphia Aids Thrift directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Philadelphia Aids Thrift compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Philadelphia Aids Thrift is above average for NTEE category P29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Philadelphia Aids Thrift located?
Philadelphia Aids Thrift is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 203253349. It is classified under NTEE code P29.
How many years of IRS 990 filings does Philadelphia Aids Thrift have?
Philadelphia Aids Thrift has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.3M in total revenue.
Is Philadelphia Aids Thrift a good charity?
Yes, Philadelphia Aids Thrift appears to be a good charity. It demonstrates strong program focus, consistent asset growth, and a remarkable record of 0% reported officer compensation, indicating efficient use of funds for its mission.
How has Philadelphia Aids Thrift's financial health changed over time?
Philadelphia Aids Thrift has shown significant financial growth, with revenue nearly doubling from $1.1 million in 2014 to $1.9 million in 2023, and assets more than doubling from $997,986 to $2,749,494 over the same period. While generally healthy, the 2023 filing showed expenses ($2,080,744) exceeding revenue ($1,989,585), a shift from previous years.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, suggesting a strong commitment to directing funds towards its programs rather than executive salaries.
What are the primary financial risks for Philadelphia Aids Thrift?
The primary financial risk is the recent trend in 2023 where expenses ($2,080,744) exceeded revenue ($1,989,585). While not a long-term pattern yet, sustained operating losses could impact its financial stability and ability to fund programs.
How transparent is Philadelphia Aids Thrift?
Philadelphia Aids Thrift is highly transparent, with 13 years of detailed IRS 990 filings publicly available and consistent reporting of 0% officer compensation, which provides clear insight into its financial operations.
Filing History
IRS 990 filing history for Philadelphia Aids Thrift showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Philadelphia Aids Thrift's revenue has grown by 254.5%, moving from $561K to $2.0M. Total assets increased by 434.7% over the same period, from $514K to $2.7M. Total functional expenses rose by 322.4%, from $493K to $2.1M. In its most recent filing year (2023), Philadelphia Aids Thrift reported a deficit of $91K, with expenses exceeding revenue. The organization holds $931K in liabilities against $2.7M in assets (debt-to-asset ratio: 33.9%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.1M | $2.7M | $931K | — | View 990 |
| 2022 | $2.4M | $1.8M | $2.4M | $488K | — | View 990 |
| 2021 | $1.8M | $1.6M | $2.0M | $628K | — | View 990 |
| 2020 | $1.2M | $1.4M | $1.7M | $628K | — | View 990 |
| 2019 | $1.6M | $1.6M | $1.9M | $503K | — | View 990 |
| 2018 | $1.7M | $1.3M | $1.9M | $517K | — | View 990 |
| 2017 | $1.3M | $1.4M | $961K | $15K | — | View 990 |
| 2016 | $1.3M | $1.4M | $1.0M | $15K | — | View 990 |
| 2015 | $1.4M | $1.2M | $1.1M | $35K | — | View 990 |
| 2014 | $1.1M | $926K | $998K | $23K | — | View 990 |
| 2013 | $902K | $821K | $802K | $3K | — | View 990 |
| 2012 | $811K | $604K | $722K | $3K | — | View 990 |
| 2011 | $561K | $493K | $514K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.1M, and assets of $2.7M (revenue -17.9% year-over-year).
- 2022: Revenue of $2.4M, expenses of $1.8M, and assets of $2.4M (revenue +34.1% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $2.0M (revenue +53.7% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.4M, and assets of $1.7M (revenue -25.5% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $1.9M (revenue -8.5% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.3M, and assets of $1.9M (revenue +28.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.4M, and assets of $961K (revenue +6.2% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $1.0M (revenue -6.5% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.2M, and assets of $1.1M (revenue +22.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $926K, and assets of $998K (revenue +22.2% year-over-year).
- 2013: Revenue of $902K, expenses of $821K, and assets of $802K (revenue +11.1% year-over-year).
- 2012: Revenue of $811K, expenses of $604K, and assets of $722K (revenue +44.6% year-over-year).
- 2011: Revenue of $561K, expenses of $493K, and assets of $514K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philadelphia Aids Thrift:
Data Sources and Methodology
This transparency report for Philadelphia Aids Thrift is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.