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Pennsylvania · Nonprofit

PIDC LOCAL DEVELOPMENT CORPORATION

PIDC LOCAL DEVELOPMENT CORPORATION (Pennsylvania) receives grants from 2 organizations whose IRS filings report $2,775,383 to it, the largest being PIDC-Community Capital ($2,232,813). 1 of them have funded it in more than one year.

Revenue FY2024
$8.9M
Funders on record
2
Grants received
$2.8M
Net assets
$68M
1/2 repeat funderspeak grant-dependency 17%
01The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($30M) Expenses 100 ($32M) Net assets 100 ($71M)2019 Revenue 28 ($8.3M) Expenses 21 ($6.8M) Net assets 104 ($73M)2020 Revenue 45 ($14M) Expenses 24 ($7.6M) Net assets 105 ($74M)2021 Revenue 22 ($6.5M) Expenses 13 ($4.2M) Net assets 118 ($83M)2022 Revenue 38 ($12M) Expenses 8 ($2.5M) Net assets 131 ($92M)2023 Revenue 33 ($9.7M) Expenses 91 ($29M) Net assets 104 ($73M)2024 Revenue 30 ($8.9M) Expenses 44 ($14M) Net assets 96 ($68M)
2018201920202021202220232024
Revenue (30)Expenses (44)Net assets (96)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 12% · 2020 66% · 2021 14% · 2022 46% · 2023 21% · 2024 24%. Grants only. Government contracts and fees sit inside program revenue.

24% of PIDC LOCAL DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).

This organization
Typical peer · 4,406 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

−$1.8M
’18
$1.4M
’19
$6.0M
’20
$2.3M
’21
$9.0M
’22
−$19M
’23
−$5.0M
’24
82
months of
reserve
02Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income fell $2.2M → $50k.

Funder
'20
'21
'22
'23
total
funders
1
1
1
1

From the IRS filings of PIDC LOCAL DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

PIDC LOCAL DEVELOPMENT CORPORATION leans on a few funders — its largest provides 80% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

80%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

100% of PIDC LOCAL DEVELOPMENT CORPORATION's grant income comes from Pennsylvania funders.

PA

In-state vs out-of-state, by year

’20
’21
’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Against its field

PIDC LOCAL DEVELOPMENT CORPORATION holds deeper cash reserves than three-quarters of the 4,197 community improvement nonprofits its size.

Operating margin−57% · bottom quartile
Months of reserve81.9mo · top quartile
Revenue growth (annualized)−18% · bottom quartile

this organization peer median middle 50% of peers· 4,197 community improvement nonprofits $1M–$10M, FY2024

Organizations like PIDC LOCAL DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Pennsylvania

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

27
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

PA

Part of a family of 8 related entities

  • Pidc Ldc Sb LLC · disregarded
  • Pidc Ldc Sb Gp LLC · disregarded
  • Philadelphia Industrial Development Corp · exempt
  • Pidc - Penn Venture Fund · exempt
  • Pidc - Development Management Corp · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PIDC LOCAL DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PIDC LOCAL DEVELOPMENT CORPORATION?
PIDC LOCAL DEVELOPMENT CORPORATION (Pennsylvania) receives grants from 2 organizations whose IRS filings report $2,775,383 to it, the largest being PIDC-Community Capital ($2,232,813). 1 of them have funded it in more than one year.
How many funders does PIDC LOCAL DEVELOPMENT CORPORATION have?
IRS filings report 2 organizations giving $2,775,383 in grants to PIDC LOCAL DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of PIDC LOCAL DEVELOPMENT CORPORATION?
PIDC-Community Capital is the largest funder on record, with $2,232,813 in grants. The full list of funders is on this page.
How can an organization like PIDC LOCAL DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. What this page cannot tell you · view filing