The Philadelphia Industrial Development Corporation (EIN: 23-6050858) is a nonprofit organization dedicated to business promotion and economic development in Philadelphia. With an operating budget of $21.9 million and total revenue of $28.9 million for the 2024 filing year, PIDC focuses on enhancing the competitive environment, generating jobs, and increasing tax ratables throughout the city. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse financial base to support its initiatives. More information can be found on their website at www.pidcphila.com.