PIDC-LOCAL DEVELOPMENT CORPORATION

PHILADELPHIA, PA, 19102-2115 (215) 496-8020 Est. 1977 EIN 30-0598934
S30— Community Improvement Form 990 501(c)(4)
www.pidcphila.com

Mission

SEE SCHEDULE O.PIDC-LDC ADMINISTERS, AS A SUBRECIPIENT OF THE CITY OF PHILADELPHIA, VARIOUS FEDERALLY FUNDED GRANT PROGRAMS, INCLUDING COMMUNITY DEVELOPMENT BLOCK GRANTS, HOUSING AND URBAN DEVELOPMENT LOANS, AND ECONOMIC DEVELOPMENT ADMINISTRATION LOANS. THESE PROGRAMS ASSIST IN THE ECONOMIC DEVELOPMENT INITIATIVES OF THE CITY OF PHILADELPHIA.

Grants Awarded · 22 grants

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Financials

Total Revenue
$8,866,630
Total Expenses
$13,901,201
Net Assets
$68,137,467
27 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.9 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 9.0%
Expenses ↓ 51.7%
Revenue Sources
Contributions 23.8% Earned revenue 57.2% Investment 19.1%
Expense Breakdown
Program 100.0%

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$8,866,630 $13,901,201$68,137,467
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$9,742,512 $28,799,420$73,250,325
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$11,504,902 $2,485,824$92,307,233
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$13,534,095 $7,578,218$73,980,022
2019 Form 990
Jan 1, 2019 to Dec 31, 2019
$8,260,767 $6,818,285$73,328,011
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$29,914,264 $31,729,821$70,726,708

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EIN: 30-0598934 · Source: IRS Form 990 e-file data