Charity Impact Media

Home › Community improvement & capacity building

Philadelphia City Fund

Philadelphia, PA · EIN 23-2174863 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Philadelphia City Fund reported $23.7 million in revenue and $24.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $94.87 went to program services, $5.13 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 78.7% of the total. Government grants made up 46.2%. The highest compensation it reported for one person was $189,128 (EXECUTIVE DIRECTOR). 1 person received more than $100,000 in reportable compensation. Revenue rose 68% between 2019 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $24M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $24M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 479 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
94.9%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
5.1%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
78.7%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
46.2%14.9%
Program service revenue share
Part VIII 2g ÷ 12
17.4%11.9%
Highest reported compensation
Part VII-A, columns D–F
$189,128$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.77%1.49%
People paid over $100,000
Part VII, line 2
15
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
13.19.2
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$2.6M expenses · 11.4% of program spending · grants $275K · revenue $3.8M

The Philadelphia Marathon is unique in a running event in that it is produced and operated by the City of Philadelphia. The city hosts the international running community for a marathon and associated races (an exposition and half marathon) over the course of a weekend. In recent years, the annual total participation has averaged 31,000 people

$2.0M expenses · 8.6% of program spending · grants $2.0M

ORU-Opioids Settlement Fund-Parks & Schools

$2.0M expenses · 8.6% of program spending

OTIS-Spring Garden Street Connector

$17M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 40.0 hrs/week
$154,281$0$34,847$189,128

1 people received more than $100,000 in reportable compensation from Philadelphia City Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $189K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M2019FY2021FY2022FY2023FY2024FY2025$24M$24M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$24M$24M94.9%$27M$189,128
FY2024 ⓘ$26M$22M96.0%$28M$175,085
FY2023 ⓘ$18M$17M95.2%$22M$159,236
FY2022 ⓘ$18M$15M95.6%$20M$157,115
FY2021 ⓘ$16M$12M90.3%$17M$131,808
2019 ⓘ$14M$16M96.6%$15M$33,413

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 56
  • Volunteers Part I, line 67

Private foundation grants it received

5 private foundations reported grants to Philadelphia City Fund totaling $3.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Philadelphia City Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Philadelphia City Fund, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in Pennsylvania

Questions people ask

How much of Philadelphia City Fund's spending goes to programs?

In the fiscal year ending June 30, 2025, Philadelphia City Fund reported that 94.9% of its $24.5 million in expenses went to program services, 5.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Philadelphia City Fund pay its top executive?

The largest total compensation Philadelphia City Fund reported for one person in the fiscal year ending June 30, 2025 was $189,128, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Philadelphia City Fund get its money?

Of $23.7 million in revenue in the fiscal year ending June 30, 2025, 78.7% came from contributions and grants (including 46.2% from government grants) and 17.4% from program service revenue (Form 990, Part VIII).

Is Philadelphia City Fund a registered charity?

The IRS lists EIN 23-2174863 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202620839349300627 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530809349300013 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410929349300816 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213549349301211 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240899349300429 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023199349301967 · read the filing

All filings for EIN 23-2174863: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.