International House Philadelphia Inc
- Assets
- $11.2m
- Revenue
- $369.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Philadelphia, PA
- Founding
- 08/1968
- Data as of
- 06/2023
- EIN
- 23-6414801
Organization Overview
International House Philadelphia Inc is located in Philadelphia, PA. The organization was established in 1968. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2023, International House Philadelphia Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International House Philadelphia 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 06/2023, International House Philadelphia Inc generated $369.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $405.5k during the year ending 06/2023. While expenses have increased by 12.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IHP BUILDS COMMUNITY, PROVIDES RESOURCES, & ADVOCATES FOR PHILLY'S GLOBAL POPULATION OF STUDENTS & ACADEMICS
Describe the Organization's Program Activity:
Part 3 - Line 4a
IHP OFFERED A SERIES OF EVENTS AND ACTIVITIES AIMED AT CONNECTING PHILADELPHIA-AREA INTERNATIONAL STUDENTS AND SCHOLARS TO EACH AND CREATING A BOND TO OUR CITY. WE WELCOMED 450 PARTICIPANTS ACROSS 5 LARGE EVENTS, INCLUDING A WELCOME RECEPTION, A THANKSGIVING FEAST, A CAREER EVENT, AND AN INTERCULTURAL IFTAR; AND 432 PARTICIPANTS JOINED US ACROSS 26 MEETUPS AND ACTIVITIES AROUND PHILADELPHIA THROUGHOUT THE YEAR WHICH WERE DESIGNED TO SHARE AMERICAN CULTURE AND A DEEPER UNDERSTANDING OF OUR CITY - THESE INCLUDED SPORTING EVENTS, MUSEUM TRIPS, HIKING TRIPS AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Christy President & CEO (until 10/22) | Officer | 40 | $101,289 |
Giacomo F Cesareo III Chair | OfficerTrustee | 1 | $0 |
Steven J Casper Treasurer | OfficerTrustee | 1 | $0 |
Marc Duey Msc MBA Board Member | Trustee | 1 | $0 |
Amy E Gadsden PHD Board Member | Trustee | 1 | $0 |
Curtis M Hess Rpa Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
A&s Sprinklers Sprinkling The Building | 6/29/19 | $136,933 |
Otis Elevator Company Elevators Repair/new Elevators | 6/29/19 | $182,313 |
Shelly Electric Company Inc Riser Panel Replacement | 6/29/19 | $137,739 |
Elliott - Lewis Corporation Building Maintenance/cooling Tower Repla | 6/29/19 | $348,431 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,054 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,408 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,462 |
| Total Program Service Revenue | $1,241 |
| Investment income | $348,251 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $369,626 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $43,564 |
| Compensation of current officers, directors, key employees. | $39,644 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,694 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,139 |
| Payroll taxes | $9,134 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,045 |
| Fees for services: Accounting | $48,101 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,500 |
| Fees for services: Other | $105,699 |
| Advertising and promotion | $2,356 |
| Office expenses | $7,033 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,450 |
| Travel | $1,356 |
| 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 | $10,728 |
| All other expenses | $0 |
| Total functional expenses | $405,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,876,390 |
| Pledges and grants receivable | $10,205 |
| Accounts receivable, net | $0 |
| 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 | $12,372 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $9,294,179 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,750 |
| Total assets | $11,248,896 |
| Accounts payable and accrued expenses | $35,171 |
| 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 | $35,171 |
| Net assets without donor restrictions | $11,213,725 |
| 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 | $11,248,896 |
Grants Awarded
Over the last fiscal year, International House Philadelphia Inc has awarded $120,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF THE ARTS PURPOSE: FOR THE CONTINUED OPERATION OF LIGHTBOX FILM CENTER | $100,000 |
UNIVERSITY CITY SCIENCE CENTER PURPOSE: TO SUPPORT THE 37TH STREET WALKWAY PROJECT | $20,000 |