Philadelphia Senior Center
EIN: 231619019 · Philadelphia, PA
| Metric | Value |
|---|---|
| Total Revenue | $511K |
| Total Expenses | $198K |
| Net Assets | $-5,486,991 |
Is Philadelphia Senior Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Philadelphia Senior Center
Philadelphia Senior Center (EIN: 231619019) is a nonprofit organization based in Philadelphia, PA. The organization reported total revenue of $511K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philadelphia Senior Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philadelphia Senior Center is a small nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $493K |
| Total Expenses | $198K |
| Surplus / Deficit | +$294K |
| Total Assets | $2.8M |
| Total Liabilities | $8.3M |
| Net Assets | $-5,486,991 |
| Operating Margin | 59.7% |
| Debt-to-Asset Ratio | 295.7% |
| Months of Reserves | 169.7 months |
Financial Health Grade: A
In 2023, Philadelphia Senior Center reported a surplus of $294K with revenue exceeding expenses, holds 169.7 months of operating reserves (strong position), has a debt-to-asset ratio of 295.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Philadelphia Senior Center's revenue has declined at a compound annual growth rate (CAGR) of -12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | -3.9% | +9.4% |
| 2022 | +3.1% | -15.3% | +5.6% |
| 2021 | -12.9% | -0.1% | -31.0% |
| 2020 | -77.2% | -91.6% | +35.5% |
| 2019 | -13.3% | -5.1% | -21.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Philadelphia Senior Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Philadelphia Senior Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $294K, with revenue exceeding expenses.
- Debt-to-asset ratio: 295.7%.
Frequently Asked Questions about Philadelphia Senior Center
Is Philadelphia Senior Center a legitimate charity?
Philadelphia Senior Center (EIN: 231619019) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $511K. No red flags identified. Financial health grade: A.
How does Philadelphia Senior Center spend its money?
Philadelphia Senior Center reported $511K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Philadelphia Senior Center tax-deductible?
Philadelphia Senior Center is registered as a tax-exempt nonprofit (EIN: 231619019). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Philadelphia Senior Center located?
Philadelphia Senior Center is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 231619019.
How many years of IRS 990 filings does Philadelphia Senior Center have?
Philadelphia Senior Center 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 $511K in total revenue.
Filing History
IRS 990 filing history for Philadelphia Senior Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Philadelphia Senior Center's revenue has declined by 80.1%, moving from $2.5M to $493K. Total assets increased by 34.3% over the same period, from $2.1M to $2.8M. Total functional expenses fell by 94.3%, from $3.5M to $198K. In its most recent filing year (2023), Philadelphia Senior Center reported a surplus of $294K, with revenue exceeding expenses. The organization holds $8.3M in liabilities against $2.8M in assets (debt-to-asset ratio: 295.7%), resulting in net assets of $-5,486,991.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $493K | $198K | $2.8M | $8.3M | — | View 990 |
| 2022 | $475K | $206K | $2.6M | $8.4M | — | View 990 |
| 2021 | $461K | $243K | $2.4M | $8.6M | — | View 990 |
| 2020 | $529K | $244K | $3.5M | $7.9M | — | View 990 |
| 2019 | $2.3M | $2.9M | $2.6M | $7.3M | — | View 990 |
| 2018 | $2.7M | $3.1M | $3.3M | $7.5M | — | View 990 |
| 2017 | $2.5M | $2.9M | $2.7M | $6.6M | — | View 990 |
| 2016 | $2.6M | $3.3M | $2.9M | $6.4M | — | View 990 |
| 2015 | $2.9M | $3.1M | $2.8M | $5.6M | — | View 990 |
| 2014 | $3.0M | $4.3M | $2.8M | $6.0M | — | View 990 |
| 2013 | $3.1M | $3.4M | $2.6M | $4.7M | — | View 990 |
| 2012 | $2.5M | $3.0M | $2.1M | $3.4M | — | View 990 |
| 2011 | $2.5M | $3.5M | $2.1M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $493K, expenses of $198K, and assets of $2.8M (revenue +3.6% year-over-year).
- 2022: Revenue of $475K, expenses of $206K, and assets of $2.6M (revenue +3.1% year-over-year).
- 2021: Revenue of $461K, expenses of $243K, and assets of $2.4M (revenue -12.9% year-over-year).
- 2020: Revenue of $529K, expenses of $244K, and assets of $3.5M (revenue -77.2% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.9M, and assets of $2.6M (revenue -13.3% year-over-year).
- 2018: Revenue of $2.7M, expenses of $3.1M, and assets of $3.3M (revenue +5.2% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.9M, and assets of $2.7M (revenue -2.2% year-over-year).
- 2016: Revenue of $2.6M, expenses of $3.3M, and assets of $2.9M (revenue -11.5% year-over-year).
- 2015: Revenue of $2.9M, expenses of $3.1M, and assets of $2.8M (revenue -2.6% year-over-year).
- 2014: Revenue of $3.0M, expenses of $4.3M, and assets of $2.8M (revenue -1.3% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.4M, and assets of $2.6M (revenue +21.5% year-over-year).
- 2012: Revenue of $2.5M, expenses of $3.0M, and assets of $2.1M (revenue +1.8% year-over-year).
- 2011: Revenue of $2.5M, expenses of $3.5M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philadelphia Senior Center:
Data Sources and Methodology
This transparency report for Philadelphia Senior Center 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.