Philadelphia Hospitality Investment Levy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 5,260,559 | 938,506 | 4,322,053 | 54.0 | 0% |
| 2019 | 6,074,016 | 1,719,372 | 4,354,644 | 62.5 | 0% |
| 2020 | 2,318,815 | 1,028,786 | 1,290,029 | 126.0 | 0% |
| 2021 | 3,390,979 | 3,694,182 | −303,203 | 35.8 | 0% |
| 2022 | 5,441,846 | 2,180,151 | 3,261,695 | 70.4 | 0% |
| 2023 | 6,478,962 | 1,189,722 | 5,289,240 | 193.2 | 0% |
In its most recent public year (2023), this organization brought in $5,289,240 more than it spent. Its reserves stood at about 193.2 months of spending, up from 54 in 2018. Staff pay was 0% 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
Philadelphia Hospitality Investment Levy'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