funder logo

PIDC-LOCAL DEVELOPMENT CORPORATION
Pub 78

PIDC-LOCAL DEVELOPMENT CORPORATION
Pub 78

Philadelphia, PA, US
501(c)
EIN
30-0598934
Regional Funder
funder logo

PIDC-LOCAL DEVELOPMENT CORPORATION
Pub 78

Philadelphia, PA, US
501(c)
EIN
30-0598934
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$8,866,630

Program Services
57%
Government Grants
24%
Investments
18%
Other
1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$13,901,201

Other
66%
Grants
14%
Interest
13%
Fees to Service Providers
7%
Depreciation
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$2,050,625
$2,106,194
+3%
Fundraising Events
$0
$0
-
Program Services
$4,896,014
$5,068,446
+4%
Membership Dues
$0
$0
-
Investments
$2,643,429
$1,603,151
-39%
Other
$152,444
$88,839
-42%
Total Revenues
$9,742,512
$8,866,630
-9%
Expenses
2023
2024
Change
Grants
$1,828,357
$1,989,767
+9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$950,000
$950,000
+0%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$1,664,908
$1,778,620
+7%
Depreciation
$27,255
$26,881
-1%
Other
$24,328,900
$9,155,933
-62%
Total Expenses
$28,799,420
$13,901,201
-52%
Net income
2023
2024
Change
Net income
-$19,056,908
-$5,034,571
+74%
Functional Expenses
Summary
2023
2024
Change
Program
$28,763,448
$13,901,201
-52%
Admin
$35,972
$0
-100%
Fundraising
$0
$0
-
Total Expenses
$28,799,420
$13,901,201
-52%
Income Statement
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