PHILADELPHIA CITY FUND INC

EIN: 232174863 501(c)(3) Community Improvement

PHILADELPHIA, PA

Total Revenue
$23,667,496
Total Expenses
$24,473,895
Total Assets
$35,097,104
Net Assets
$26,707,080
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
PA
Principal Officer
Jody Greenblatt
Phone
2156860321
Tax Period
2024-07-01 to 2025-06-30

PHILADELPHIA CITY FUND INC, founded in 1981, is a mid-sized nonprofit in the Community Improvement sector that reported $23.7M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

The Philadelphia City Fund serves as the fiscal sponsor for the city of Philadelphia and leverages public- private partnerships in collaboration with the City, the philanthropic community, and the residents of Philadelphia.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $18,636,880
Program Service Revenue $4,113,160
Investment Income $917,456
Other Revenue $0
TOTAL REVENUE $23,667,496

Expense Breakdown

Grants Paid $5,202,622
Salaries & Benefits $851,038
Fundraising Expenses $0
Program Expenses $23,218,798
Other Expenses $18,420,235
TOTAL EXPENSES $24,473,895

Year-over-Year Comparison

2024 2023 Change
Revenue $23,667,496 $25,850,158 -0.1%
Expenses $24,473,895 $21,729,246 +0.1%
Net Income $-806,399 $4,120,912 -1.2%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
6
Volunteers
7

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$189,128
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JODY B GREENBLATT EXECUTIVE DIRECTOR 40.0
Officer
$154,281 $34,847 $189,128
David Wilson BOARD Chair 2.0
Officer Director
$0 $0 $0
Vaughn Ross Board Treasurer 2.0
Officer Director
$0 $0 $0
PATRICK CLARK BOARD SECRETARY 2.0
Officer Director
$0 $0 $0
Alanna Casselle Chew BOARD MEMBER (AS OF 06/25) 1.0
Director
$0 $0 $0
Chris Dailey BOARD MEMBER 1.0
Director
$0 $0 $0
Lilton Taliaferro BOARD MEMBER (AS OF 06/25) 1.0
Director
$0 $0 $0
STEFAN JOHNSON board member 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $23,667,496 $24,473,895 $35,097,104 $-806,399
2024 $25,850,158 $21,729,246 $33,653,060 $4,120,912
2023 $17,955,670 $16,601,539 $27,277,204 $1,354,131
2022 $18,270,036 $15,241,585 $24,191,494 $3,028,451
2021 $15,629,704 $11,635,356 $22,604,117 $3,994,348
2019 $14,124,357 $15,929,543 $20,163,734 $-1,805,186
2018 $16,640,812 $15,047,976 $22,115,945 $1,592,836
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