Advertisement
Greater Impact!

DEMOGRAPHIC

ADDRESS
717 E CHELTEN AVE
19144
COUNTY
philadelphia county, PA
IN CARE OF NAME
MICHELLE SIMMONS

ORGANIZATIONAL OVERVIEW & RANKINGS

WHY NOT PROSPER INC is a based in PHILADELPHIA, PA, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in March 2003, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $714,990.00, this ranks 251,159 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 13,678 out of 107,402 organizations in PA (Top 13%).

In philadelphia county, PA, the organization ranks 1,798 out of 13,329 nonprofits by assets (Top 14%), while locally in philadelphia, it stands at 1,784 among 13,133 organizations (Top 14%).

The organization reported annual revenue of $1,599,797.00, ranking 96,810 nationally (Top 4%) and 4,592 in PA (Top 5%).

Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, WHY NOT PROSPER INC ranks 748 in assets (Top 16%) and 316 in revenue (Top 7%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,599,797.00
FORM 990 REVENUE AMOUNT
$1,599,797.00
RULING DATE
03/2003
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$714,990.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

Recently Saved Organizations

Click on the save icon from a search results or organization page.