Philadelphia College Of Osteopathic Medicine Foundation
PCOM Foundation: Strong Asset Growth, High Program Spending
EIN: 222691757 · Philadelphia, PA · NTEE: B110 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $284.6M |
| Total Expenses | $13.1M |
| Program Spending | 90% |
| Net Assets | $570.0M |
| Transparency Score | 85/100 |
Is Philadelphia College Of Osteopathic Medicine Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Philadelphia College Of Osteopathic Medicine Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Philadelphia College Of Osteopathic Medicine Foundation
Philadelphia College Of Osteopathic Medicine Foundation (EIN: 222691757) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B110. The organization reported total revenue of $284.6M and total assets of $611.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philadelphia College Of Osteopathic Medicine Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philadelphia College Of Osteopathic Medicine Foundation is a major nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $13.1M |
| Surplus / Deficit | $-7,787,343 |
| Total Assets | $570.8M |
| Total Liabilities | $858K |
| Net Assets | $570.0M |
| Operating Margin | -146.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 523.3 months |
Financial Health Grade: B
In 2023, Philadelphia College Of Osteopathic Medicine Foundation reported a deficit of $7.8M with expenses exceeding revenue, holds 523.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Philadelphia College Of Osteopathic Medicine Foundation's revenue has declined at a compound annual growth rate (CAGR) of -9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -75.5% | +3.7% | +6.2% |
| 2022 | -4.2% | +19.7% | -5.4% |
| 2021 | +10.9% | +4.7% | +35.4% |
| 2020 | -3.7% | -13.8% | +0.3% |
| 2019 | -29.7% | -3.4% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 College Of Osteopathic Medicine Foundation with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Philadelphia College Of Osteopathic Medicine Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $7.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries or benefits.
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.
Strengths
The following positive indicators were identified for Philadelphia College Of Osteopathic Medicine Foundation:
- Significant asset growth from $304M in 2016 to $611M in 2023, indicating strong financial management and investment.
- High percentage of spending directed towards programs (90%), aligning with its educational mission.
- Consistent revenue generation over multiple years, demonstrating financial resilience.
- Low administrative and fundraising costs (5% each), suggesting efficient operations.
Frequently Asked Questions about Philadelphia College Of Osteopathic Medicine Foundation
Is Philadelphia College Of Osteopathic Medicine Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Philadelphia College Of Osteopathic Medicine Foundation (EIN: 222691757) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Philadelphia College Of Osteopathic Medicine Foundation spend its money?
Philadelphia College Of Osteopathic Medicine Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Philadelphia College Of Osteopathic Medicine Foundation tax-deductible?
Philadelphia College Of Osteopathic Medicine Foundation is registered as a tax-exempt nonprofit (EIN: 222691757). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Philadelphia College Of Osteopathic Medicine Foundation's spending goes to programs?
Philadelphia College Of Osteopathic Medicine Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Philadelphia College Of Osteopathic Medicine Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Philadelphia College Of Osteopathic Medicine Foundation is above average for NTEE category B110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Philadelphia College Of Osteopathic Medicine Foundation located?
Philadelphia College Of Osteopathic Medicine Foundation is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 222691757. It is classified under NTEE code B110.
How many years of IRS 990 filings does Philadelphia College Of Osteopathic Medicine Foundation have?
Philadelphia College Of Osteopathic Medicine Foundation 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 $284.6M in total revenue.
What does Philadelphia College Of Osteopathic Medicine Foundation do?
Philadelphia College Of Osteopathic Medicine Foundation is a nonprofit organization in the Education sector, located in Philadelphia, Pennsylvania. It is classified under NTEE code B110.
How much revenue does Philadelphia College Of Osteopathic Medicine Foundation have?
Philadelphia College Of Osteopathic Medicine Foundation reported total revenue of $284,614,342. Based on 13 IRS 990 filings on record.
What are Philadelphia College Of Osteopathic Medicine Foundation's total assets?
Philadelphia College Of Osteopathic Medicine Foundation holds total assets of $611,334,916 as reported in IRS 990 filings.
Where is Philadelphia College Of Osteopathic Medicine Foundation located?
Philadelphia College Of Osteopathic Medicine Foundation is based in Philadelphia, Pennsylvania.
What is Philadelphia College Of Osteopathic Medicine Foundation's EIN?
Philadelphia College Of Osteopathic Medicine Foundation's Employer Identification Number (EIN) is 222691757. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Philadelphia College Of Osteopathic Medicine Foundation?
Philadelphia College Of Osteopathic Medicine Foundation is classified under NTEE code B110 (Education).
Is Philadelphia College Of Osteopathic Medicine Foundation a registered 501(c)(3)?
Yes, Philadelphia College Of Osteopathic Medicine Foundation is recognized as a tax-exempt organization by the IRS. EIN: 222691757.
Does Philadelphia College Of Osteopathic Medicine Foundation file IRS Form 990?
Yes, Philadelphia College Of Osteopathic Medicine Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Philadelphia College Of Osteopathic Medicine Foundation's revenue in 2023?
In the 202306 filing period, Philadelphia College Of Osteopathic Medicine Foundation reported total revenue of $5,302,744, total expenses of $13,090,087, and net assets of $570,849,232.
Is Philadelphia College Of Osteopathic Medicine Foundation's revenue growing or declining?
Philadelphia College Of Osteopathic Medicine Foundation's revenue is declining. Revenue went from $21,603,845 (202206) to $5,302,744 (202306), a -75.5% change. Based on 13 filings on record.
What is Philadelphia College Of Osteopathic Medicine Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Philadelphia College Of Osteopathic Medicine Foundation covers tax period 202306. It shows revenue of $5,302,744, expenses of $13,090,087, total assets of $570,849,232, and liabilities of $857,672.
How much does Philadelphia College Of Osteopathic Medicine Foundation spend on programs vs administration?
Based on IRS 990 analysis, Philadelphia College Of Osteopathic Medicine Foundation allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Philadelphia College Of Osteopathic Medicine Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Philadelphia College Of Osteopathic Medicine Foundation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Philadelphia College Of Osteopathic Medicine Foundation's strengths?
Positive indicators for Philadelphia College Of Osteopathic Medicine Foundation include: Significant asset growth from $304M in 2016 to $611M in 2023, indicating strong financial management and investment.. High percentage of spending directed towards programs (90%), aligning with its educational mission.. Consistent revenue generation over multiple years, demonstrating financial resilience.. Low administrative and fundraising costs (5% each), suggesting efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Philadelphia College Of Osteopathic Medicine Foundation compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries or benefits. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the foundation's substantial asset growth impact its long-term ability to support the Philadelphia College of Osteopathic Medicine?
The significant growth in assets, from $304,438,195 in 2016 to $611,334,916 in 2023, provides a robust financial base for the foundation. This increased endowment can generate more investment income, allowing for greater and more sustainable support for PCOM's educational programs, research, and student aid in the long term, even during periods of fluctuating external funding.
Given the high program spending, what specific types of programs or initiatives are primarily supported by the foundation?
While the data indicates a high percentage of spending on programs, the specific types of programs are not detailed. However, as a foundation for the Philadelphia College of Osteopathic Medicine, it is highly probable that these funds primarily support medical education, student scholarships, faculty development, research initiatives in osteopathic medicine, and the maintenance/improvement of educational facilities.
Filing History
IRS 990 filing history for Philadelphia College Of Osteopathic Medicine Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Philadelphia College Of Osteopathic Medicine Foundation's revenue has declined by 69.3%, moving from $17.3M to $5.3M. Total assets increased by 251% over the same period, from $162.6M to $570.8M. Total functional expenses rose by 134.7%, from $5.6M to $13.1M. In its most recent filing year (2023), Philadelphia College Of Osteopathic Medicine Foundation reported a deficit of $7.8M, with expenses exceeding revenue. The organization holds $858K in liabilities against $570.8M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $570.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $13.1M | $570.8M | $858K | — | — |
| 2022 | $21.6M | $12.6M | $537.4M | $1.5M | — | View 990 |
| 2021 | $22.5M | $10.5M | $568.1M | $1.2M | — | View 990 |
| 2020 | $20.3M | $10.1M | $419.6M | $1.2M | — | View 990 |
| 2019 | $21.1M | $11.7M | $418.4M | $1.2M | — | View 990 |
| 2018 | $30.0M | $12.1M | $407.3M | $1.1M | — | View 990 |
| 2017 | $10.3M | $11.5M | $333.7M | $1.2M | — | View 990 |
| 2016 | $15.2M | $14.3M | $304.4M | $564K | — | View 990 |
| 2015 | $29.9M | $8.2M | $264.0M | $1.0M | — | View 990 |
| 2014 | $10.1M | $7.4M | $262.1M | $1.0M | — | View 990 |
| 2013 | $9.2M | $6.8M | $203.5M | $1.1M | — | View 990 |
| 2012 | $9.9M | $5.9M | $183.1M | $2.3M | — | View 990 |
| 2011 | $17.3M | $5.6M | $162.6M | $477K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $13.1M, and assets of $570.8M (revenue -75.5% year-over-year).
- 2022: Revenue of $21.6M, expenses of $12.6M, and assets of $537.4M (revenue -4.2% year-over-year).
- 2021: Revenue of $22.5M, expenses of $10.5M, and assets of $568.1M (revenue +10.9% year-over-year).
- 2020: Revenue of $20.3M, expenses of $10.1M, and assets of $419.6M (revenue -3.7% year-over-year).
- 2019: Revenue of $21.1M, expenses of $11.7M, and assets of $418.4M (revenue -29.7% year-over-year).
- 2018: Revenue of $30.0M, expenses of $12.1M, and assets of $407.3M (revenue +190.7% year-over-year).
- 2017: Revenue of $10.3M, expenses of $11.5M, and assets of $333.7M (revenue -32.0% year-over-year).
- 2016: Revenue of $15.2M, expenses of $14.3M, and assets of $304.4M (revenue -49.2% year-over-year).
- 2015: Revenue of $29.9M, expenses of $8.2M, and assets of $264.0M (revenue +196.4% year-over-year).
- 2014: Revenue of $10.1M, expenses of $7.4M, and assets of $262.1M (revenue +9.4% year-over-year).
- 2013: Revenue of $9.2M, expenses of $6.8M, and assets of $203.5M (revenue -7.3% year-over-year).
- 2012: Revenue of $9.9M, expenses of $5.9M, and assets of $183.1M (revenue -42.4% year-over-year).
- 2011: Revenue of $17.3M, expenses of $5.6M, and assets of $162.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philadelphia College Of Osteopathic Medicine Foundation:
Data Sources and Methodology
This transparency report for Philadelphia College Of Osteopathic Medicine Foundation 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.