Pennsylvania · Nonprofit
SCHUYLKILL RIVER DEVELOPMENT CORPORATION
SCHUYLKILL RIVER DEVELOPMENT CORPORATION (Pennsylvania) receives grants from 15 organizations whose IRS filings report $3,489,059 to it, the largest being THE WILLIAM PENN FOUNDATION ($2,978,570). 10 of them have funded it in more than one year.
- Revenue FY2025
- $2.0M
- Funders on record
- 15
- Grants received
- $3.5M
- Net assets
- $9.9M
What Schuylkill River Development Corporation does
Mission
Srdc is revitalizing philadelphia's tidal schuylkill river corridor into an asset that connects neighborhoods and encourages investment. Working with the city and stakeholders to build, maintain, and program schuylkill banks, srdc drives improvements in recreation and transportation, community and economic development, public health, and environmental stewardship, benefiting neighbors, philadelphia and the region.
As stated on its FY2025 Form 990.
Programs
Capital projects - goal is to promote and assist in the creation of a public park, trail and greenway along the banks of the tidal schuylkill river in the city of philadelphia.
$1,102,400 spent93% of program spendingMaintenance program - srdc has an agreement with philadelphia parks and recreation to share certain maintenance responsibility for schuylkill banks. This public-private partnership lessens the burden on government and increases the level of upkeep on schuylkill banks. This in turn makes the site more attractive and valuable from a quality of life standpoint. Much of the work is done by volunteers especially during the summer season.
$57,290 spent5% of program spendingCommunity programming - another srdc goal is to enliven schuylkill banks and strengthen neighborhood connections by creating attractions and destinations along the trail and greenway. This is done partially through public programming, such as outdoor movies, river tours and other special events. These activities create a desire to be on the banks and to enjoy the amenities provided.
$30,731 spent$6,677 earned by the program3% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,190,421.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $7.0M to $9.1M (+31%).
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.
Government-grant reliance: 2017 76% · 2018 62% · 2019 25% · 2020 65% · 2021 87% · 2022 41% · 2023 66% · 2024 52% · 2025 52%. Grants only. Government contracts and fees sit inside program revenue.
85% of SCHUYLKILL RIVER DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Joseph R Syrnick
President/CEO
Board chair
Gerard H Sweeney
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $125 → $27k.
3 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $1.1M from 3 payers (the payer shares this organization's board, largest Trustees of the University of Pennsylvania). These are real filings, and they are not money SCHUYLKILL RIVER DEVELOPMENT CORPORATION raised.
From the IRS filings of SCHUYLKILL RIVER DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SCHUYLKILL RIVER DEVELOPMENT CORPORATION leans on a few funders — its largest provides 85% of grant income and the top three 95%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 83% · 2020 100% · 2021 91% · 2022 48% · 2023 94% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
33% of SCHUYLKILL RIVER DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 67% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
93% of SCHUYLKILL RIVER DEVELOPMENT CORPORATION's grant income comes from Pennsylvania funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $126k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SCHUYLKILL RIVER DEVELOPMENT CORPORATION holds deeper cash reserves than three-quarters of the 2,127 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Government funding SCHUYLKILL RIVER DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.0M on record.
- Department of Housing and Urban Development$2.0M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like SCHUYLKILL RIVER 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
71% of spending goes to programs.
Governance
Public support
92%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for SCHUYLKILL RIVER 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.
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 SCHUYLKILL RIVER DEVELOPMENT CORPORATION?
- SCHUYLKILL RIVER DEVELOPMENT CORPORATION (Pennsylvania) receives grants from 15 organizations whose IRS filings report $3,489,059 to it, the largest being THE WILLIAM PENN FOUNDATION ($2,978,570). 10 of them have funded it in more than one year.
- How many funders does SCHUYLKILL RIVER DEVELOPMENT CORPORATION have?
- IRS filings report 15 organizations giving $3,489,059 in grants to SCHUYLKILL RIVER DEVELOPMENT CORPORATION, 10 of which have funded it in more than one year.
- Who is the largest funder of SCHUYLKILL RIVER DEVELOPMENT CORPORATION?
- THE WILLIAM PENN FOUNDATION is the largest funder on record, with $2,978,570 in grants. The full list of funders is on this page.
- How can an organization like SCHUYLKILL RIVER 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.
Play a game about who funds Schuylkill River Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 15 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. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing