Philecology Foundation
Philecology Foundation shows significant asset growth and zero executive compensation, with expenses consistently low relative to revenue.
EIN: 208987808 · Fort Worth, TX · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $58.3M |
| Total Expenses | $3.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $135 |
| Net Assets | $135.1M |
| Transparency Score | 90/100 |
Is Philecology Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Philecology Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Philecology Foundation
Philecology Foundation (EIN: 208987808) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code T22. The organization reported total revenue of $58.3M and total assets of $224.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philecology Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philecology Foundation is a major nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67.8M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$64.3M |
| Total Assets | $135.1M |
| Total Liabilities | $1 |
| Net Assets | $135.1M |
| Operating Margin | 94.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 464.0 months |
Financial Health Grade: A
In 2023, Philecology Foundation reported a surplus of $64.3M with revenue exceeding expenses, holds 464.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Philecology Foundation's revenue has grown at a compound annual growth rate (CAGR) of 25.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.8% | -1.7% | +50.3% |
| 2022 | +312.9% | -31.4% | +18.2% |
| 2021 | +44.1% | +79.2% | +2.6% |
| 2020 | +507.6% | +77.5% | +94.7% |
| 2019 | -81.7% | -88.5% | +114.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Philecology Foundation with a Mission Score of 90 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, Philecology 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 surplus of $64.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Philecology Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a strong positive indicator for a nonprofit of its size, with assets exceeding $135 million in 2023.
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 Philecology Foundation:
- Consistent zero officer compensation across all filings, indicating strong financial stewardship.
- Significant and consistent asset growth, from $2,729 in 2011 to $135,058,733 in 2023, demonstrating long-term financial stability.
- Expenses are consistently low relative to revenue, suggesting efficient operations and a focus on building endowment.
- Substantial revenue growth, particularly in recent years, with $67,820,459 in 2023.
Frequently Asked Questions about Philecology Foundation
Is Philecology Foundation a legitimate charity?
Philecology Foundation (EIN: 208987808) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $58.3M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Philecology Foundation spend its money?
Philecology Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Philecology Foundation tax-deductible?
Philecology Foundation is registered as a tax-exempt nonprofit (EIN: 208987808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Philecology Foundation CEO make?
Philecology Foundation's highest-compensated officer earns $135 annually. The organization reported $58.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Philecology Foundation's spending goes to programs?
Philecology Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Philecology Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Philecology Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Philecology Foundation located?
Philecology Foundation is headquartered in Fort Worth, Texas and files with the IRS under EIN 208987808. It is classified under NTEE code T22.
How many years of IRS 990 filings does Philecology Foundation have?
Philecology Foundation has 10 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 $58.3M in total revenue.
Is Philecology Foundation a good charity?
Based on the available data, Philecology Foundation appears to be a well-managed organization. It demonstrates strong financial health with significant asset growth (from $2,729 in 2011 to $135,058,733 in 2023), consistently reports zero officer compensation, and maintains expenses significantly lower than its revenue, suggesting efficient operations and a focus on building its endowment for long-term impact.
How has the organization's financial health changed over time?
The organization's financial health has dramatically improved. Assets have grown from $2,729 in 2011 to $135,058,733 in 2023. Revenue has also seen substantial increases, particularly in recent years, reaching $67,820,459 in 2023, up from $4,403,259 in 2011.
What is the trend in the foundation's expenses relative to its revenue?
In recent years, the foundation's expenses have been remarkably low compared to its revenue. For example, in 2023, expenses were $3,493,074 against revenues of $67,820,459, and in 2022, expenses were $3,555,276 against revenues of $56,156,262. This indicates a strategy of accumulating assets rather than spending down all revenue annually.
Filing History
IRS 990 filing history for Philecology Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Philecology Foundation's revenue has grown by 1440.2%, moving from $4.4M to $67.8M. Total assets increased by 4948919.2% over the same period, from $3K to $135.1M. Total functional expenses fell by 20.7%, from $4.4M to $3.5M. In its most recent filing year (2023), Philecology Foundation reported a surplus of $64.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $135.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $135.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67.8M | $3.5M | $135.1M | $1 | — | View 990 |
| 2022 | $56.2M | $3.6M | $89.8M | $19.1M | — | View 990 |
| 2021 | $13.6M | $5.2M | $76.0M | $57.9M | — | View 990 |
| 2020 | $9.4M | $2.9M | $74.1M | $64.4M | — | View 990 |
| 2019 | $1.6M | $1.6M | $38.0M | $34.8M | — | View 990 |
| 2015 | $8.5M | $14.1M | $17.8M | $0 | — | View 990 |
| 2014 | $5.3M | $6.9M | $24.0M | $0 | — | View 990 |
| 2013 | $24.9M | $295K | $25.6M | $0 | — | View 990 |
| 2012 | $1.4M | $360K | $1.1M | $0 | — | View 990 |
| 2011 | $4.4M | $4.4M | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67.8M, expenses of $3.5M, and assets of $135.1M (revenue +20.8% year-over-year).
- 2022: Revenue of $56.2M, expenses of $3.6M, and assets of $89.8M (revenue +312.9% year-over-year).
- 2021: Revenue of $13.6M, expenses of $5.2M, and assets of $76.0M (revenue +44.1% year-over-year).
- 2020: Revenue of $9.4M, expenses of $2.9M, and assets of $74.1M (revenue +507.6% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $38.0M (revenue -81.7% year-over-year).
- 2015: Revenue of $8.5M, expenses of $14.1M, and assets of $17.8M (revenue +60.6% year-over-year).
- 2014: Revenue of $5.3M, expenses of $6.9M, and assets of $24.0M (revenue -78.8% year-over-year).
- 2013: Revenue of $24.9M, expenses of $295K, and assets of $25.6M (revenue +1663.9% year-over-year).
- 2012: Revenue of $1.4M, expenses of $360K, and assets of $1.1M (revenue -68.0% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.4M, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philecology Foundation:
Data Sources and Methodology
This transparency report for Philecology 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.