Why Not Prosper Inc
Only null% goes to programs Growing revenue
Why Not Prosper Inc is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 2003, with $2,260,691 in FY2025 revenue. CharityIndex grades it C+.
717 E Chelten Ave, Philadelphia, PA, 19144 EIN 23-3089308 Since 2003
Revenue (FY2025)
$2.3M
▲ 26.4% vs prior year
Community median: $184K
Expenses (FY2025)
$2.2M
Net assets
$247K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Why Not Prosper Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +1% 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 Why Not Prosper Inc: 1 mo reserves · +1% margin earns a C+ 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 Why Not Prosper Inc— 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 Why Not Prosper Inc: 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
- 717 E Chelten Ave, Philadelphia, PA, 19144
- City
- Philadelphia
- State
- Pennsylvania
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue grew from $362K (FY2015) to $2.3M (FY2025) across 11 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $460KNet assets $247K
Operating margin
1.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$707K
Total liabilities
$460K
Net assets
$247K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $2,260,691▲26.4% | $2,239,152▲32.1% | $246,679▲51.5% | $706,673▲21.7% | 990 |
| 2024 | $1,788,269▲11.8% | $1,694,643▲6.5% | $162,791▲135% | $580,776▼18.8% | 990 |
| 2023 | $1,599,797▲49.1% | $1,591,266▲43.7% | $69,162▲101% | $714,990▲13.9% | 990 |
| 2022 | $1,072,922▼1.1% | $1,107,496▲46.2% | $34,325▼70.8% | $627,793▼14.9% | 990 |
| 2021 | $1,084,919▲89.4% | $757,455▲43.3% | $117,585▲139% | $737,357▲63.5% | 990 |
| 2020 | $572,866▲80.7% | $528,403▲70.7% | $49,251▲131% | $450,934▲30.3% | 990 |
| 2019 | $316,995▼2.5% | $309,467▼1.4% | $21,339▲191% | $346,189▼0.4% | 990 |
| 2018 | $325,091▼39.0% | $313,916▼42.3% | -$23,361▲4.9% | $347,460▼4.4% | 990 |
| 2017 | $533,352▲19.6% | $544,182▲23.1% | -$24,574▼209% | $363,590▼2.9% | 990 |
| 2016 | $445,837▲23.1% | $442,111▲17.4% | -$7,953▼125% | $374,329▲50.5% | 990 |
| 2015 | $362,151 | $376,534 | $32,333 | $248,782 | 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.
Grants received · $1.5M total
33 grants to Why Not Prosper Inc totaling $1.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Philadelphia Foundation | General operating support | 2024 | $70,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $50,500 |
| Reinvestment Fund Inc | Supports community-driven organizations and businesses in implementing strategies to increase healthy food in communities | 2024 | $45,000 |
| Urban Institute | Grant sub-award | 2024 | $24,556 |
| Charities Aid Foundation America | Charitable donation | 2024 | $11,010 |
| Urban Institute | Grant sub-award | 2023 | $160,559 |
| Reinvestment Fund Inc | Funding to child care providers and supports community-driven organizations and businesses in implementing strategies to increase healthy food in communities | 2023 | $95,000 |
| Reinvestment Fund Inc | Funding to expand or preserve the availability of staple and perishable foods in underserved areas with low and moderate income populations by maintaining or increasing the number of retail outlets that offer an assortment of perishable and staple foods in those areas | 2023 | $89,225 |
| Justice Innovation Inc | Subcontractor macarthur foundation | 2023 | $52,369 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $50,000 |
| United Way of Greater Philadelphia and Southern New Jersey | Operating grant | 2023 | $33,333 |
| Philadelphia Foundation | Workforce and education academy program | 2023 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $8,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $5,000 |
| United Way of Greater Philadelphia and Southern New Jersey | Grant | 2022 | $95,833 |
Similar organizations in Community
Community
Pennsylvania Downtown Center Inc
Harrisburg, PA
$2.2M
Bannual revenue
Community
Wilkinsburg Community Development Corporation
Wilkinsburg, PA
$2.2M
Bannual revenue
Community
Mantec Inc
York, PA
$2.2M
C+annual revenue
Community
Greenwood Plan
Pittsburgh, PA
$2.2M
C+annual revenue
Community
Agile Alliance
Newtown Sq, PA
$2.3M
C+annual revenue
Community
Ridc Mill 19a
Pittsburgh, PA
$2.1M
Dannual revenue
- Community
Catapult Greater Pittsburgh Inc
Pittsburgh, PA
$2.4M
Dannual revenue
Community
Pennsylvania State Association of County Fairs
Washington, PA
$2.4M
Bannual revenue
- Community
Creating Pittsburgh Tomorrow Inc
Pittsburgh, PA
$2.1M
C+annual revenue
Community
PA Thorougbred Horsemens Assoc Inc
Bensalem, PA
$2.4M
Bannual revenue
Compare Why Not Prosper Inc
Frequently asked questions
- Is Why Not Prosper Inc a legitimate nonprofit?
- Yes. Why Not Prosper Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-3089308, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Why Not Prosper Inc's EIN?
- Why Not Prosper Inc's Employer Identification Number (EIN) is 23-3089308.
- How much revenue does Why Not Prosper Inc report?
- Why Not Prosper Inc reported $2,260,691 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Why Not Prosper Inc have?
- CharityIndex grades Why Not Prosper Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Philadelphia
Explore more
Data for Why Not Prosper Inc (EIN 23-3089308) 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.