America-italy Society of Philadelphia is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1959, with $684,685 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$685K
▲ 13.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$632K
Net assets
$1.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for America-italy Society of Philadelphia— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For America-italy Society of Philadelphia: 21 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for America-italy Society of Philadelphia— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For America-italy Society of Philadelphia: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $343K (FY2013) to $685K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
7.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$873K
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $684,685▲13.8% | $631,986▲16.1% | $1,131,773▲13.1% | $2,004,451▲52.0% | 990 |
| 2023 | $601,576▲10.1% | $544,386▼4.4% | $1,000,710▲6.0% | $1,319,023▼1.0% | 990 |
| 2022 | $546,377▼11.4% | $569,457▲13.1% | $943,905▼11.8% | $1,332,497▲8.0% | 990 |
| 2021 | $616,436▲8.6% | $503,545▼2.9% | $1,069,834▲29.2% | $1,233,626▲20.9% | 990 |
| 2020 | $567,408▲11.3% | $518,406▲32.5% | $827,746▲9.7% | $1,020,146▲35.1% | 990 |
| 2019 | $510,005▲15.0% | $391,180▼14.7% | $754,898▲38.9% | $754,898▲38.9% | 990 |
| 2018 | $443,588▲15.7% | $458,446▲28.0% | $543,371▼7.9% | $543,371▼7.9% | 990 |
| 2017 | $383,533▲1.5% | $358,288▼3.9% | $589,809▲13.9% | $589,809▲13.9% | 990 |
| 2016 | $377,852▲11.9% | $373,004▲1.3% | $517,689▲8.5% | $517,689▲8.5% | 990 |
| 2015 | $337,685▼1.2% | $368,306▲8.1% | $477,316▼10.6% | $477,316▼10.6% | 990 |
| 2014 | $341,865▼0.3% | $340,599▲4.6% | $533,710▲7.8% | $533,710▲7.8% | 990 |
| 2013 | $342,802 | $325,618▲11.1% | $495,232▲27.7% | $495,232▲27.7% | 990 |
| 2012 | — | $292,987▼21.8% | $387,955▲9.3% | $387,955▲9.3% | 990 |
| 2011 | — | $374,498▲3.0% | $354,835▲1.8% | $354,835▲1.8% | 990 |
| 2010 | — | $363,462 | $348,410 | $348,410 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
11 grants to America-italy Society of Philadelphia totaling $400K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Philadelphia Foundation | General operating support | 2024 | $41,369 |
| Philadelphia Foundation | General operating support | 2023 | $41,316 |
| Philadelphia Foundation | General operating support | 2022 | $41,531 |
| Philadelphia Foundation | General operating support | 2021 | $38,611 |
| Philadelphia Foundation | Operating support | 2020 | $38,653 |
| Philadelphia Foundation | General operating support | 2019 | $38,694 |
| Philadelphia Foundation | General operating support | 2018 | $38,119 |
| Philadelphia Foundation | General operating support | 2017 | $37,971 |
| Philadelphia Foundation | General operating support | 2016 | $38,997 |
| Philadelphia Foundation | General/operating | 2015 | $39,784 |
| Philadelphia Foundation | Mental health services for lgbtq youth and allies | 2014 | $5,000 |
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Data for America-italy Society of Philadelphia (EIN 23-1539206) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.