Philadelphia Convention & Visitors Bureau of the Chamber of Commerce
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Philadelphia Convention & Visitors Bureau of the Chamber of Commerce is a 501(c)(6) organization based in Philadelphia, Pennsylvania, registered in 1944, with $24,719,214 in FY2024 revenue. CharityIndex grades it B.
1601 Market St Ste 200, Philadelphia, PA, 19103 EIN 23-0969325 Since 1944
Revenue (FY2024)
$24.7M
▲ 5.6% vs prior year
Expenses (FY2024)
$23.4M
Net assets
$19.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Philadelphia Convention & Visitors Bureau of the Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +5% margin
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 Philadelphia Convention & Visitors Bureau of the Chamber of Commerce: 10 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Philadelphia Convention & Visitors Bureau of the Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Philadelphia Convention & Visitors Bureau of the Chamber of Commerce: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1601 Market St Ste 200, Philadelphia, PA, 19103
- City
- Philadelphia
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $15.7M (FY2013) to $24.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8.6MNet assets $19.3M
Operating margin
5.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$27.8M
Total liabilities
$8.6M
Net assets
$19.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $24,719,214▲5.6% | $23,427,108▲10.5% | $19,283,086▲7.2% | $27,841,017▲9.3% | 990 |
| 2023 | $23,404,663▲24.7% | $21,201,108▲26.2% | $17,990,980▲14.0% | $25,481,525▲5.0% | 990 |
| 2022 | $18,769,517▼10.4% | $16,801,073▲33.3% | $15,787,425▲14.2% | $24,266,720▲12.2% | 990 |
| 2021 | $20,955,897▲182% | $12,604,123▲37.0% | $13,818,981▲153% | $21,636,489▲80.1% | 990 |
| 2020 | $7,441,496▼57.1% | $9,201,487▼45.2% | $5,467,207▼24.4% | $12,011,109▲12.4% | 990 |
| 2019 | $17,346,622▼15.6% | $16,780,315▼12.0% | $7,227,198▲8.5% | $10,682,629▼12.2% | 990 |
| 2018 | $20,555,890▲12.8% | $19,071,910▲12.1% | $6,660,891▲28.7% | $12,165,571▲20.3% | 990 |
| 2017 | $18,228,275▲6.3% | $17,012,135▲1.0% | $5,176,911▲30.7% | $10,116,668▲19.6% | 990 |
| 2016 | $17,147,499▲7.8% | $16,842,984▲8.6% | $3,960,771▲8.3% | $8,461,917▲14.4% | 990 |
| 2015 | $15,905,029▼7.6% | $15,510,737▼7.2% | $3,656,256▲12.1% | $7,394,603▼11.8% | 990 |
| 2014 | $17,214,037▲10.0% | $16,708,254▲13.2% | $3,261,964▲18.4% | $8,384,771▲20.6% | 990 |
| 2013 | $15,652,329 | $14,760,624▼12.0% | $2,756,181▲47.8% | $6,950,216▲23.6% | 990 |
| 2012 | — | $16,769,538▲22.4% | $1,864,476▲14.2% | $5,622,479▼1.9% | 990 |
| 2011 | — | $13,698,009▼21.7% | $1,632,428▲33.6% | $5,733,481▲1.5% | 990 |
| 2009 | — | $17,500,107 | $1,221,732 | $5,647,008 | 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.
Frequently asked questions
- Is Philadelphia Convention & Visitors Bureau of the Chamber of Commerce a legitimate nonprofit?
- Yes. Philadelphia Convention & Visitors Bureau of the Chamber of Commerce is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 23-0969325, based in Philadelphia, Pennsylvania.
- What is Philadelphia Convention & Visitors Bureau of the Chamber of Commerce's EIN?
- Philadelphia Convention & Visitors Bureau of the Chamber of Commerce's Employer Identification Number (EIN) is 23-0969325.
- How much revenue does Philadelphia Convention & Visitors Bureau of the Chamber of Commerce report?
- Philadelphia Convention & Visitors Bureau of the Chamber of Commerce reported $24,719,214 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Philadelphia Convention & Visitors Bureau of the Chamber of Commerce have?
- CharityIndex grades Philadelphia Convention & Visitors Bureau of the Chamber of Commerce B, based on financial health (reserves and operating margin).
More nonprofits in Philadelphia
Explore more
Data for Philadelphia Convention & Visitors Bureau of the Chamber of Commerce (EIN 23-0969325) 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.