NRecreation & SportsEIN: 472298932· Ruling Year: 2017

Philly Races Inc

Philadelphia, Pennsylvania

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$3.3M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$2.2M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+30.2%
Year-over-year change (2022 → 2023)
Net Margin
+24.5%
Revenue minus expenses as % of revenue

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$3,262,62330%$2,463,9601%$2,207,40457%
2022$2,504,99238%$2,481,41735%$1,408,7412%
2021$1,813,59542%$1,834,58022%$1,385,1661%
2020$3,124,5946%$2,357,55030%$1,406,151119%
2019$3,322,85815%$3,359,23815%$642,9865%
2018$2,896,33612%$2,912,65116%$675,4872%
2017$2,585,52918%$2,503,82311%$691,80287%
2016$2,187,95814%$2,249,78452%$369,52414%
2015$1,913,784$1,482,434$431,350

Frequently Asked Questions

What does Philly Races Inc do?

Philly Races Inc is a recreation & sports nonprofit organization based in Pennsylvania. It is classified under NTEE code N11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Philly Races Inc financially healthy?

Based on our 9-metric Financial Health Score model, Philly Races Inc has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Philly Races Inc generate?

Philly Races Inc reports $3.2M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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