Philomena House Corp
EIN: 274642602 · Roseville, MN · NTEE: P73
| Metric | Value |
|---|---|
| Total Revenue | $434K |
| Total Expenses | $140K |
| Net Assets | $171K |
Is Philomena House Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Philomena House Corp
Philomena House Corp (EIN: 274642602) is a nonprofit organization based in Roseville, MN, classified under NTEE code P73. The organization reported total revenue of $434K and total assets of $798K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philomena House Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philomena House Corp is a small nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2014–2023). 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 | $183K |
| Total Expenses | $140K |
| Surplus / Deficit | +$43K |
| Total Assets | $173K |
| Total Liabilities | $2K |
| Net Assets | $171K |
| Operating Margin | 23.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 14.9 months |
Financial Health Grade: A
In 2023, Philomena House Corp reported a surplus of $43K with revenue exceeding expenses, holds 14.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Philomena House Corp's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | +11.9% | +31.7% |
| 2022 | +43.0% | +1.9% | +58.4% |
| 2021 | -2.7% | +7.1% | -1.5% |
| 2020 | +40.7% | +26.2% | +11.3% |
| 2019 | -16.5% | -11.6% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Philomena House Corp 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 Philomena House Corp 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 $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Philomena House Corp
Is Philomena House Corp a legitimate charity?
Philomena House Corp (EIN: 274642602) is a registered tax-exempt nonprofit based in Minnesota. It has 10 years of IRS 990 filings on record. Total revenue: $434K. No red flags identified. Financial health grade: A.
How does Philomena House Corp spend its money?
Philomena House Corp reported $434K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Philomena House Corp tax-deductible?
Philomena House Corp is registered as a tax-exempt nonprofit (EIN: 274642602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Philomena House Corp located?
Philomena House Corp is headquartered in Roseville, Minnesota and files with the IRS under EIN 274642602. It is classified under NTEE code P73.
How many years of IRS 990 filings does Philomena House Corp have?
Philomena House Corp 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 $434K in total revenue.
Filing History
IRS 990 filing history for Philomena House Corp showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Philomena House Corp's revenue has grown by 157.3%, moving from $71K to $183K. Total assets increased by 267.9% over the same period, from $47K to $173K. Total functional expenses rose by 173.4%, from $51K to $140K. In its most recent filing year (2023), Philomena House Corp reported a surplus of $43K, with revenue exceeding expenses. The organization holds $2K in liabilities against $173K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $171K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $183K | $140K | $173K | $2K | — | View 990 |
| 2022 | $171K | $125K | $131K | $4K | — | View 990 |
| 2021 | $120K | $122K | $83K | $2K | — | View 990 |
| 2020 | $123K | $114K | $84K | $0 | — | View 990 |
| 2019 | $87K | $90K | $76K | $0 | — | View 990 |
| 2018 | $104K | $102K | $79K | $0 | — | View 990 |
| 2017 | $105K | $98K | $77K | $0 | — | View 990 |
| 2016 | $80K | $75K | $69K | $0 | — | View 990 |
| 2015 | $72K | $55K | $64K | $0 | — | View 990 |
| 2014 | $71K | $51K | $47K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $183K, expenses of $140K, and assets of $173K (revenue +7.0% year-over-year).
- 2022: Revenue of $171K, expenses of $125K, and assets of $131K (revenue +43.0% year-over-year).
- 2021: Revenue of $120K, expenses of $122K, and assets of $83K (revenue -2.7% year-over-year).
- 2020: Revenue of $123K, expenses of $114K, and assets of $84K (revenue +40.7% year-over-year).
- 2019: Revenue of $87K, expenses of $90K, and assets of $76K (revenue -16.5% year-over-year).
- 2018: Revenue of $104K, expenses of $102K, and assets of $79K (revenue -0.5% year-over-year).
- 2017: Revenue of $105K, expenses of $98K, and assets of $77K (revenue +31.2% year-over-year).
- 2016: Revenue of $80K, expenses of $75K, and assets of $69K (revenue +11.7% year-over-year).
- 2015: Revenue of $72K, expenses of $55K, and assets of $64K (revenue +0.8% year-over-year).
- 2014: Revenue of $71K, expenses of $51K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philomena House Corp:
Data Sources and Methodology
This transparency report for Philomena House Corp 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.