Central Philadelphia Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 365,879 | 278,051 | 87,828 | 17.7 | 0% |
| 2012 | 431,322 | 294,620 | 136,702 | 22.4 | 0% |
| 2013 | 406,472 | 538,325 | −131,853 | 9.6 | 0% |
| 2014 | 396,846 | 398,406 | −1,560 | 13.1 | 0% |
| 2015 | 479,868 | 496,089 | −16,221 | 10.3 | 0% |
| 2016 | 1,287,798 | 818,977 | 468,821 | 13.1 | 0% |
| 2017 | 358,260 | 837,024 | −478,764 | 6.0 | 0% |
| 2018 | 331,519 | 406,080 | −74,561 | 10.2 | 0% |
| 2019 | 324,015 | 275,610 | 48,405 | 17.1 | 0% |
| 2020 | 286,180 | 210,586 | 75,594 | 26.7 | 0% |
| 2021 | 294,291 | 485,201 | −190,910 | 6.9 | 0% |
| 2022 | 257,833 | 262,003 | −4,170 | 12.6 | 32% |
| 2023 | 257,298 | 221,722 | 35,576 | 16.8 | 23% |
In its most recent public year (2023), this organization brought in $35,576 more than it spent. Its reserves stood at about 16.8 months of spending. Staff pay was 23% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Central Philadelphia Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works