The Presbyterian Foundation For Philadelphia
Presbyterian Foundation for Philadelphia: Strong Assets, Consistent Mission
EIN: 222524368 · Philadelphia, PA · NTEE: E110 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $27.2M |
| Total Expenses | $5.0M |
| Program Spending | 75% |
| Net Assets | $353.1M |
| Transparency Score | 85/100 |
Is The Presbyterian Foundation For Philadelphia Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Presbyterian Foundation For Philadelphia directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Presbyterian Foundation For Philadelphia
The Presbyterian Foundation For Philadelphia (EIN: 222524368) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code E110. The organization reported total revenue of $27.2M and total assets of $388.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Presbyterian Foundation For Philadelphia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Presbyterian Foundation For Philadelphia is a large nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.5M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$8.5M |
| Total Assets | $353.1M |
| Net Assets | $353.1M |
| Operating Margin | 63.0% |
| Months of Reserves | 850.9 months |
Financial Health Grade: A
In 2023, The Presbyterian Foundation For Philadelphia reported a surplus of $8.5M with revenue exceeding expenses, holds 850.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), The Presbyterian Foundation For Philadelphia's revenue has declined at a compound annual growth rate (CAGR) of -6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.8% | -11.9% | +8.4% |
| 2022 | -37.3% | +72.7% | -13.0% |
| 2021 | +271.1% | -44.5% | +22.4% |
| 2020 | +15.4% | +212.6% | +1.0% |
| 2019 | -1.5% | -64.2% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 The Presbyterian Foundation For Philadelphia 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, The Presbyterian Foundation For Philadelphia allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $8.5M, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's asset size and revenue, with no red flags identified in the available filings.
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 The Presbyterian Foundation For Philadelphia:
- Significant and growing asset base, reaching $388,059,903 in 2023, providing long-term stability.
- Consistent revenue generation, with total revenues of $27,240,989 in 2023.
- Low administrative and fundraising costs relative to program spending, indicating efficient operations.
- Long operational history with consistent financial reporting.
- Zero reported lobbying expenses, suggesting a direct focus on charitable activities.
Frequently Asked Questions about The Presbyterian Foundation For Philadelphia
Is The Presbyterian Foundation For Philadelphia a legitimate charity?
Based on AI analysis of IRS 990 filings, The Presbyterian Foundation For Philadelphia (EIN: 222524368) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does The Presbyterian Foundation For Philadelphia spend its money?
The Presbyterian Foundation For Philadelphia directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Presbyterian Foundation For Philadelphia tax-deductible?
The Presbyterian Foundation For Philadelphia is registered as a tax-exempt nonprofit (EIN: 222524368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Presbyterian Foundation For Philadelphia's spending goes to programs?
The Presbyterian Foundation For Philadelphia directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Presbyterian Foundation For Philadelphia compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Presbyterian Foundation For Philadelphia is above average for NTEE category E110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Presbyterian Foundation For Philadelphia located?
The Presbyterian Foundation For Philadelphia is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 222524368. It is classified under NTEE code E110.
How many years of IRS 990 filings does The Presbyterian Foundation For Philadelphia have?
The Presbyterian Foundation For Philadelphia 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 $27.2M in total revenue.
What does The Presbyterian Foundation For Philadelphia do?
The Presbyterian Foundation For Philadelphia is a nonprofit organization in the Health Care sector, located in Philadelphia, Pennsylvania. It is classified under NTEE code E110.
How much revenue does The Presbyterian Foundation For Philadelphia have?
The Presbyterian Foundation For Philadelphia reported total revenue of $27,240,989. Based on 13 IRS 990 filings on record.
What are The Presbyterian Foundation For Philadelphia's total assets?
The Presbyterian Foundation For Philadelphia holds total assets of $388,059,903 as reported in IRS 990 filings.
Where is The Presbyterian Foundation For Philadelphia located?
The Presbyterian Foundation For Philadelphia is based in Philadelphia, Pennsylvania.
What is The Presbyterian Foundation For Philadelphia's EIN?
The Presbyterian Foundation For Philadelphia's Employer Identification Number (EIN) is 222524368. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Presbyterian Foundation For Philadelphia?
The Presbyterian Foundation For Philadelphia is classified under NTEE code E110 (Health Care).
Is The Presbyterian Foundation For Philadelphia a registered 501(c)(3)?
Yes, The Presbyterian Foundation For Philadelphia is recognized as a tax-exempt organization by the IRS. EIN: 222524368.
Does The Presbyterian Foundation For Philadelphia file IRS Form 990?
Yes, The Presbyterian Foundation For Philadelphia has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was The Presbyterian Foundation For Philadelphia's revenue in 2023?
In the 202306 filing period, The Presbyterian Foundation For Philadelphia reported total revenue of $13,454,877, total expenses of $4,980,212, and net assets of $353,123,423.
Is The Presbyterian Foundation For Philadelphia's revenue growing or declining?
The Presbyterian Foundation For Philadelphia's revenue is declining. Revenue went from $16,376,348 (202206) to $13,454,877 (202306), a -17.8% change. Based on 13 filings on record.
What is The Presbyterian Foundation For Philadelphia's most recent 990 filing?
The most recent IRS Form 990 filing for The Presbyterian Foundation For Philadelphia covers tax period 202306. It shows revenue of $13,454,877, expenses of $4,980,212, total assets of $353,123,423, and liabilities of N/A.
How much does The Presbyterian Foundation For Philadelphia spend on programs vs administration?
Based on IRS 990 analysis, The Presbyterian Foundation For Philadelphia allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is The Presbyterian Foundation For Philadelphia a trustworthy charity?
Based on AI analysis of IRS 990 data, The Presbyterian Foundation For Philadelphia appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are The Presbyterian Foundation For Philadelphia's strengths?
Positive indicators for The Presbyterian Foundation For Philadelphia include: Significant and growing asset base, reaching $388,059,903 in 2023, providing long-term stability.. Consistent revenue generation, with total revenues of $27,240,989 in 2023.. Low administrative and fundraising costs relative to program spending, indicating efficient operations.. Long operational history with consistent financial reporting.. Zero reported lobbying expenses, suggesting a direct focus on charitable activities.. These findings are derived from AI analysis of the organization's financial filings.
How does The Presbyterian Foundation For Philadelphia compensate executives?
Executive compensation appears reasonable given the organization's asset size and revenue, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the foundation's investment strategy contribute to its long-term sustainability, given its substantial asset base?
The foundation's significant asset base of $388,059,903 suggests a robust investment strategy that likely prioritizes long-term growth and capital preservation to ensure sustained funding for its mission, rather than relying solely on annual contributions.
What specific programs or initiatives are supported by the foundation's substantial program expenses, and how are these aligned with its mission?
While the provided data shows program expenses (e.g., $4,980,212 in 2023), the specific details of the programs or initiatives supported are not available in this dataset. Further investigation into their annual reports or detailed 990 filings would be needed to understand the direct impact of these expenditures on their mission.
Filing History
IRS 990 filing history for The Presbyterian Foundation For Philadelphia showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Presbyterian Foundation For Philadelphia's revenue has declined by 55.7%, moving from $30.4M to $13.5M. Total assets increased by 71.5% over the same period, from $205.9M to $353.1M. Total functional expenses rose by 127.9%, from $2.2M to $5.0M. In its most recent filing year (2023), The Presbyterian Foundation For Philadelphia reported a surplus of $8.5M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.5M | $5.0M | $353.1M | $0 | — | — |
| 2022 | $16.4M | $5.7M | $325.9M | $0 | — | View 990 |
| 2021 | $26.1M | $3.3M | $374.7M | $349K | — | View 990 |
| 2020 | $7.0M | $5.9M | $306.1M | $8.1M | — | View 990 |
| 2019 | $6.1M | $1.9M | $303.2M | $8.9M | — | View 990 |
| 2018 | $6.2M | $5.3M | $291.0M | $9.6M | — | View 990 |
| 2017 | $14.1M | $5.6M | $276.3M | $8.7M | — | View 990 |
| 2016 | $5.1M | $5.5M | $254.2M | $8.3M | — | View 990 |
| 2015 | $5.1M | $3.3M | $258.2M | $8.0M | — | View 990 |
| 2014 | $5.3M | $3.8M | $257.9M | $9.3M | — | View 990 |
| 2013 | $5.7M | $2.0M | $222.5M | $6.4M | — | View 990 |
| 2012 | $4.8M | $2.2M | $202.1M | $6.2M | — | View 990 |
| 2011 | $30.4M | $2.2M | $205.9M | $5.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.5M, expenses of $5.0M, and assets of $353.1M (revenue -17.8% year-over-year).
- 2022: Revenue of $16.4M, expenses of $5.7M, and assets of $325.9M (revenue -37.3% year-over-year).
- 2021: Revenue of $26.1M, expenses of $3.3M, and assets of $374.7M (revenue +271.1% year-over-year).
- 2020: Revenue of $7.0M, expenses of $5.9M, and assets of $306.1M (revenue +15.4% year-over-year).
- 2019: Revenue of $6.1M, expenses of $1.9M, and assets of $303.2M (revenue -1.5% year-over-year).
- 2018: Revenue of $6.2M, expenses of $5.3M, and assets of $291.0M (revenue -56.0% year-over-year).
- 2017: Revenue of $14.1M, expenses of $5.6M, and assets of $276.3M (revenue +175.6% year-over-year).
- 2016: Revenue of $5.1M, expenses of $5.5M, and assets of $254.2M (revenue +0.4% year-over-year).
- 2015: Revenue of $5.1M, expenses of $3.3M, and assets of $258.2M (revenue -3.8% year-over-year).
- 2014: Revenue of $5.3M, expenses of $3.8M, and assets of $257.9M (revenue -6.7% year-over-year).
- 2013: Revenue of $5.7M, expenses of $2.0M, and assets of $222.5M (revenue +18.5% year-over-year).
- 2012: Revenue of $4.8M, expenses of $2.2M, and assets of $202.1M (revenue -84.2% year-over-year).
- 2011: Revenue of $30.4M, expenses of $2.2M, and assets of $205.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Presbyterian Foundation For Philadelphia:
Data Sources and Methodology
This transparency report for The Presbyterian Foundation For Philadelphia 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.