Nonprofit screen
Screen a listThe Merchants Fund of Philadelphia
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.2Mrevenue
FY2025 · +304% in 3 yrs6staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Where the money goes FY2025 · $2.3M spent
Programs$1.9M85%Management and general$199k9%Fundraising$142k6%990 FY2025 · Part IX line 25
Worth checking2
A funder worth 21% of revenue stopped after FY2021
Philadelphia Industrial Development Corporation gave $300k in FY2021, 21% of revenue that year.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$140k in FY2023 and −$105k in FY2025. Cash covers 4.6 months.
990 Part I and balance sheetIn its favor2
Strong governance
15 of 15 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 4 of its 4 returns, 71% of revenue in FY2025.
990 Part VIII16funders
$576ka year, last 3 years
54%from its largest funder
Funder’17’18’19’20’21’22’23Elkin Lewis Fund TwEvery year since FY2017$266k$296k$260k$280k$290k$320k$320kPhiladelphia Industrial Development CorporationOn and off$300kJpmorgan Chase FoundationNew in FY2023$100kThe Barra Foundation IncOn and off$75k$5kThe Daniel B and Florence E Green FoundationOn and off$75kUnited Philanthropy ForumOn and off$60kDonor-advised giftsDonors not disclosed$76k$135k6 other fundersUp to $50k a year each$10k$85k$57k$30k$19k
FundedThrough a donor-advised fund