PHILADELPHIA HOUSING DEVELOPMENT CORPORA

PHILADELPHIA HOUSING DEVELOPMENT CORPORA

PHILADELPHIA, PA, US
501(c)(3)
EIN
23-1664406

PHILADELPHIA HOUSING DEVELOPMENT CORPORA

PHILADELPHIA, PA, US
501(c)(3)
EIN
23-1664406

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$178,214,146

Government Grants
97%
Other
2%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$168,462,879

Fees to Service Providers
56%
Other
33%
Salaries & Benefits
9%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$171,432,155
$173,633,118
+1%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$352,986
$487,126
+38%
Other
$7,939,048
$4,093,902
-48%
Total Revenues
$179,724,189
$178,214,146
-1%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$14,064,086
$15,518,938
+10%
Fees to Service Providers
$98,291,659
$93,798,953
-5%
Advertising & Promotion
$5,500
$38,922
+608%
Offices, Occupancy & IT
$843,525
$1,130,837
+34%
Interest
$451,809
$410,444
-9%
Depreciation
$1,353,233
$1,327,584
-2%
Other
$45,956,723
$56,237,201
+22%
Total Expenses
$160,966,535
$168,462,879
+5%
Net income
2023
2024
Change
Net income
+$18,757,654
+$9,751,267
-48%
Functional Expenses
Summary
2023
2024
Change
Program
$134,033,880
$142,386,790
+6%
Admin
$26,932,655
$26,076,089
-3%
Fundraising
$0
$0
-
Total Expenses
$160,966,535
$168,462,879
+5%
Income Statement
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