Mission
PHILLY RACES, INC. IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, AND SPECIFICALLY TO BE A COLLABORATIVE ADVOCATE FOR THE CITY OF PHILADELPHIA PARKS AND RECREATION DEPARTMENT (PPR).
Public Charity
PHILLY RACES INC
PHILLY RACES INC is a Public Charity headquartered in PHILADELPHIA, PA. Financial data from the 2024 filing: $3.2M revenue, $2.8M expenses, $2.3M total assets. 1 publicly reported grants to this organization, totaling roughly $5K, appear in IRS filings.
EIN: 472298932
PHILADELPHIA, PA
Single Organization Support
NTEE: N11
Latest filing: 2024
Total Revenue$3.2M
Total Expenses$2.8M
Total Assets$2.3M
Grant Records1
Funding Total$5K
Filing Years2019–2024
Where $100 goes at Philly Races Inc
How Philly Races Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$95
Programs
the work itself
$5
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $95 for programs
$91
Philly Races, inc
$2
Phil unity cup is a city-wide soccer tournament that uses the universal language of sport to bring people together and showcase Philadelphia rich cultural diversity
$1
The mummers parade is a city of Philadelphia sponsored parade held ach new years day
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
PHILADELPHIA PARKS AND RECREATION STAFF PROFESSIONAL DEVELOPMENT TRAINING
$5,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
CHAIRMAN, TREASURER
Andrew W Kim
BOARD MEMBER
Barbara Mckeever
BOARD MEMBER
David Thomas
BOARD MEMBER
Karen Campbell
SECRETARY
Lauren Kobylarz
DIRECTOR EMERITUS
Peter Mooney
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.2M | $2.8M | $2.3M |
| 2023 | $3.3M | $2.5M | $2.2M |
| 2022 | $2.5M | $2.5M | $1.4M |
| 2020 | $3.1M | $2.4M | $1.4M |
| 2019 | $3.3M | $3.4M | $643K |
Between 2019 and 2024, reported annual revenue declined from $3.3M to $3.2M (-4%), with total assets most recently reported at $2.3M.
Interactive year-over-year charts and full filing details available with membership.