Phillies Charities Inc
- Assets
- $618.1k
- Revenue
- $637.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 07/1976
- Data as of
- 12/2020
- EIN
- 23-1994699
Organization Overview
Phillies Charities Inc is located in Philadelphia, PA. The organization was established in 1976. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phillies Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Phillies Charities Inc generated $637.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $707.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Phillies Charities Inc has awarded 159 individual grants totaling $2,945,316. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISHED EXCLUSIVELY FOR CHARITABLE PURPOSES PARTICULARLY RAISING CONTRIBUTIONS AND PAYMENT OF CONTRIBUTIONS TO ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3).
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE GRANTS TO SELECT RECIPIENTS AS CHOSEN BY THE BOARD OF DIRECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Weber President | OfficerTrustee | 2 | $0 |
Sharon R Clothier Vice President & Treasurer | OfficerTrustee | 2 | $0 |
Richard Strouse Until 92021 Vice President & Secretary | OfficerTrustee | 2 | $0 |
Carolyn S Montgomery Vice President | OfficerTrustee | 2 | $0 |
Leslie Safran As Of 92021 Vice President & Secretary | OfficerTrustee | 2 | $0 |
Nancy Buck Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $25,000 |
| Related organizations | $6,850 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $282,866 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $314,716 |
| Total Program Service Revenue | $0 |
| Investment income | $71 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $322,696 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $637,483 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $680,613 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,723 |
| Fees for services: Accounting | $13,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $5,606 |
| Total functional expenses | $707,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $611,854 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,208 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $618,062 |
| Accounts payable and accrued expenses | $2,481 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,481 |
| Net assets without donor restrictions | $615,581 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $618,062 |
Grants Awarded
Over the last fiscal year, Phillies Charities Inc has awarded $952,129 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
Newton, MA PURPOSE: SUPPORT EXEMPT MISSION | $50,000 |
Baton Rouge, LA PURPOSE: SUPPORT EXEMPT MISSION | $50,000 |
Ambler, PA PURPOSE: SUPPORT EXEMPT MISSION | $25,000 |
Philadelphia, PA PURPOSE: SUPPORT EXEMPT MISSION | $21,527 |
Downingtown, PA PURPOSE: SUPPORT EXEMPT MISSION | $20,000 |
Philadelphia, PA PURPOSE: SUPPORT EXEMPT MISSION | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Phillies Charities Inc has recieved totaling $18,094.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,000 |
Sports Complex Special Services District Philadelphia, PA PURPOSE: GENERAL SUPPORT | $7,500 |
Shanes Future Days Jenkintown, PA PURPOSE: UNRESTRICTED | $552 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $42 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The United Way Of Central Maryland Inc Baltimore, MD | $67,768,699 | $88,763,556 |
Jewish Federation Of Cleveland Cleveland, OH | $589,585,655 | $113,020,772 |
American Gift Fund Wilmington, DE | $439,949,657 | $191,491,973 |
United Way Of New York City New York, NY | $40,512,646 | $61,047,819 |
Childrens Rescue Fund Bronx, NY | $24,029,170 | $53,044,030 |
Associated Jewish Community Federation Of Baltimore Inc Baltimore, MD | $42,735,304 | $45,612,361 |
Jewish Federation Of Greater Philadelphia Philadelphia, PA | $424,827,168 | $56,076,653 |
Masonic Charity Foundation Of New Jersey Burlington, NJ | $172,221,934 | $43,314,018 |
Associated Jewish Charities Of Baltimore Baltimore, MD | $398,678,795 | $51,667,875 |
United Way Of Greater Rochester And The Finger Lakes Inc Rochester, NY | $189,540,443 | $45,112,374 |
The United Way Of Southwestern Pennsylvania Pittsburgh, PA | $71,821,513 | $41,142,392 |
The Jewish Federation Of Greater Washington Inc North Bethesda, MD | $260,201,202 | $41,780,933 |