Philos Project Inc is a 501(c)(3) organization based in New York, New York, registered in 2015, with $6,483,401 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$6.5M
▼ 13.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$7.8M
Net assets
-$156K
Employees
—
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 Philos Project Inc— 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 Philos Project Inc: 0 mo reserves · -20% margin earns a D 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 Philos Project Inc— 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 Philos Project Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3.9M (FY2016) to $6.5M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-20.2%
Spent more than it raised in the latest fiscal year.
Total assets
$500K
Total liabilities
$656K
Net assets
-$156K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,483,401▼13.1% | $7,793,839▼7.2% | -$155,517▼113% | $500,492▼70.1% | 990 |
| 2023 | $7,460,923▼16.5% | $8,397,729▲5.2% | $1,154,921▼44.8% | $1,673,955▼45.5% | 990 |
| 2022 | $8,932,879▲617% | $7,984,895▲47.3% | $2,091,727▲82.9% | $3,069,416▲157% | 990 |
| 2021 | $1,246,393▼86.8% | $5,419,688▲24.7% | $1,143,743▼78.5% | $1,194,685▼78.7% | 990 |
| 2020 | $9,406,815▲66.6% | $4,345,243▼27.1% | $5,317,038▲1981% | $5,617,638▲1707% | 990 |
| 2019 | $5,646,933▲12.5% | $5,958,625▲23.1% | $255,466▼55.0% | $310,902▼48.9% | 990 |
| 2018 | $5,021,127▼34.0% | $4,838,577▼35.7% | $567,158▲47.5% | $608,037▼9.6% | 990 |
| 2017 | $7,611,727▲96.7% | $7,521,289▲61.9% | $384,608▲30.7% | $672,462▲125% | 990 |
| 2016 | $3,869,481 | $4,645,669 | $294,170 | $298,649 | 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.
35 grants to Philos Project Inc totaling $40.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Christian Community Foundation Inc | General support | 2024 | $32,200 |
| National Philanthropic Tr | Education | 2023 | $3,600,000 |
| Combined Jewish Philanthropies of Greater Boston Inc | Daf - jewish community services | 2023 | $357,000 |
| Donors Trust Inc | For general operations | 2023 | $350,250 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $280,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $36,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $33,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $19,000 |
| The Jewish Federations of North America Inc | — | 2023 | $7,750 |
| National Philanthropic Tr | Culture & arts | 2022 | $6,029,901 |
| Donors Trust Inc | For general operations | 2022 | $600,000 |
| Combined Jewish Philanthropies of Greater Boston Inc | Daf - jewish community services | 2022 | $45,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $30,000 |
| National Philanthropic Tr | Culture & arts | 2021 | $4,641,667 |
| Combined Jewish Philanthropies of Greater Boston Inc | Daf - jewish community services | 2021 | $180,000 |
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Data for Philos Project Inc (EIN 47-1182714) 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.