Nonprofit · EIN 23-2174863
PHILADELPHIA CITY FUND INC
Tax-exempt · PHILADELPHIA, PA 19107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $23,667,496 | $24,473,895 | -$806,399 | $35,097,104 | $8,390,024 | $26,707,080 |
| June 30, 2024 | 990 | $25,850,158 | $21,729,246 | $4,120,912 | $33,653,060 | $6,139,581 | $27,513,479 |
| June 30, 2023 | 990 | $17,955,670 | $16,601,539 | $1,354,131 | $27,277,204 | $5,637,225 | $21,639,979 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $18,636,880
- of which government grants
- $10,926,765
- Program service revenue
- $4,113,160
- Investment income
- $917,456
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $5,202,622
- Compensation of officers, directors and key employees
- $189,128
- Other salaries and wages
- $540,397
- Salaries, compensation and benefits (total)
- $851,038
- Professional fundraising fees
- $0
- Legal fees
- $382,085
- Accounting fees
- $44,285
- Occupancy
- $237,163
- Travel
- $90,373
- Depreciation
- $3,237
- Program services (functional)
- $23,218,798
- Management and general (functional)
- $1,255,097
Balance sheet and other
- Total assets, start of year
- $33,653,060
- Total assets, end of year
- $35,097,104
- Total liabilities, end of year
- $8,390,024
- Net assets, end of year
- $26,707,080
- Land, buildings and equipment
- $8,142
- Net assets without donor restrictions
- $3,529,930
- Net assets with donor restrictions
- $23,177,150
- Gross receipts
- $23,667,496
- Employees
- 6
- Volunteers
- 7
- Year formed
- 1981
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JODY B GREENBLATT | EXECUTIVE DIRECTOR Officer | 40 | $154,281 | $34,847 |
| David Wilson | BOARD Chair Trustee or director, Officer | 2 | $0 | $0 |
| Vaughn Ross | Board Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| PATRICK CLARK | BOARD SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| Alanna Casselle Chew | BOARD MEMBER (AS OF 06/25) Trustee or director | 1 | $0 | $0 |
| Chris Dailey | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| Lilton Taliaferro | BOARD MEMBER (AS OF 06/25) Trustee or director | 1 | $0 | $0 |
| STEFAN JOHNSON | board member Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JODY B GREENBLATT | EXECUTIVE DIRECTOR Officer | 40 | $142,025 | $33,060 |
| Richard Levins | BOARD Chair (TERM) Trustee or director, Officer | 2 | $0 | $0 |
| Marlene Olshan | BOARD Vice CHAIR (TERM) Trustee or director, Officer | 2 | $0 | $0 |
| Vaughn Ross | Board Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| LAURA SOLOMON | BOARD SECRETARY (TERM) Trustee or director, Officer | 2 | $0 | $0 |
| David G Wilson | BOARD Member Trustee or director | 1 | $0 | $0 |
| Ami Patel | BOARD MEMBER (TERM) Trustee or director | 1 | $0 | $0 |
| KRISHNA RAMI | BOARD MEMBER (TERM) Trustee or director | 1 | $0 | $0 |
| Patrick Clark | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| Christine Robinson | BOARD MEMBER (TERM) Trustee or director | 1 | $0 | $0 |
| Stefon Johnson | BOARD MEMBER (TERM) Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JODY B GREENBLATT | EXECUTIVE DIRECTOR Officer | 40 | $131,708 | $27,528 |
| Richard Levins | BOARD Chair Trustee or director, Officer | 2 | $0 | $0 |
| Marlene Olshan | BOARD Vice CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| Vaughn Ross | Board Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| LAURA SOLOMON | BOARD SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| David G Wilson | BOARD Member Trustee or director | 1 | $0 | $0 |
| Ami Patel | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KRISHNA RAMI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| Patricia Clark | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| Christine Robinson | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| Anh Hua | BOARD MEMBER (Thru Sept 2022) Trustee or director | 1 | $0 | $0 |
| Garrett Snider | BOARD MEMBER (Thru Jan 2023) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- RM 267, PHILADELPHIA, PA 19107-0000
- In care of
- % JODY GREENBLATT
- Principal officer (990 for 2024)
- Jody Greenblatt, 1617 JFK Blvd889, PHILADELPHIA, PA 19103
- Signed the 990
- Jody Greenblatt, EXECUTIVE DIRECTOR
- Phone
- (215) 686-0321
- Website
- philacityfund.org
- Return prepared by
- WITHUMSMITHBROWN PC
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.
Program accomplishments
- The Philadelphia Marathon is unique in a running event in that it is produced and operated by the City of Philadelphia. The city hosts the international running community for a marathon and associated races (an exposition and half marathon) over the course of a weekend. In recent years, the annual total participation has averaged 31,000 people.Expenses $2,645,015 · grants $275,000 · revenue $3,840,444
- ORU-Opioids Settlement Fund-Parks & SchoolsExpenses $2,000,000 · grants $2,000,000
- OTIS-Spring Garden Street ConnectorExpenses $1,995,000
- OTHER PROGRAMExpenses $16,578,783 · grants $2,927,622 · revenue $272,716
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2174863
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S33Z)
- Assets (IRS master file)
- $35,097,104
- Income (IRS master file)
- $23,667,496
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $23,667,496 | $24,473,895 | $35,097,104 | XML |
| 990 | June 2024 | $25,850,158 | $21,729,246 | $33,653,060 | XML |
| 990 | June 2023 | $17,955,670 | $16,601,539 | $27,277,204 | XML |
| 990 | June 2022 | $18,270,036 | $15,241,585 | $24,191,494 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2174863).
Questions about PHILADELPHIA CITY FUND INC
- What is the EIN of PHILADELPHIA CITY FUND INC?
- The employer identification number (EIN) of PHILADELPHIA CITY FUND INC is 23-2174863.
- Is PHILADELPHIA CITY FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to PHILADELPHIA CITY FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHILADELPHIA CITY FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PHILADELPHIA CITY FUND INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PHILADELPHIA CITY FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PHILADELPHIA CITY FUND INC?
- The 990 for the year ended June 30, 2025 names Jody Greenblatt.
- Who are the officers and directors of PHILADELPHIA CITY FUND INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $154,281 (JODY B GREENBLATT, EXECUTIVE DIRECTOR).
- How much revenue does PHILADELPHIA CITY FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $23,667,496, expenses of $24,473,895 and total assets of $35,097,104 at year end.
Other nonprofits in PHILADELPHIA
- REINVESTMENT FUND INC EIN 23-2331946 · last filed 990 for 2024
- PHILADELPHIA INDUSTRIAL DEVELOPMENT CORP EIN 23-6050858 · last filed 990 for 2024
- PIDC COMMUNITY CAPITAL EIN 23-2889102 · last filed 990 for 2024
- GREATER PHILADELPHIA TOURISM MARKETING CORPORATION EIN 23-2847538 · last filed 990 for 2025
- PENNSYLVANIA MICROENTERPRISE COALITION EIN 23-2920364 · last filed 990 for 2025
- DELAWARE RIVER WATERFRONT CORPORATION EIN 23-1734559 · last filed 990 for 2025
- BEN FRANKLIN TECHNOLOGY CENTER OF SOUTHEASTERN PENNSYLVANIA EIN 23-2527210 · last filed 990 for 2025
- PHILADELPHIA VISITOR CENTER CORPORATION EIN 23-2952488 · last filed 990 for 2025
All nonprofits in PHILADELPHIA · Pennsylvania · Community improvement and capacity building