SCHUYLKILL RIVER DEVELOPMENT CORPORATION

PHILADELPHIA, PA, 19103 (215) 309-5523 Est. 1992 EIN 23-2690558
S20Z - Community Improvement 990 - Public charity return 501(c)(3)
www.schuylkillbanks.org

Mission

SRDC IS REVITALIZING PHILADELPHIA'S TIDAL SCHUYLKILL RIVER CORRIDOR INTO AN ASSET THAT CONNECTS NEIGHBORHOODS AND ENCOURAGES INVESTMENT. WORKING WITH THE CITY AND STAKEHOLDERS TO BUILD, MAINTAIN, AND PROGRAM SCHUYLKILL BANKS, SRDC DRIVES IMPROVEMENTS IN RECREATION AND TRANSPORTATION, COMMUNITY AND ECONOMIC DEVELOPMENT, PUBLIC HEALTH, AND ENVIRONMENTAL STEWARDSHIP, BENEFITING NEIGHBORS, PHILADELPHIA AND THE REGION.

Financials

Total Revenue
$2,015,035
Total Expenses
$1,672,260
Net Assets
$9,892,839
5 employees 916 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
5.9 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 3.2%
Expenses ↓ 1.9%
Revenue Sources
Contributions 84.8% Earned revenue 0.3% Investment 14.9%
Expense Breakdown
Program 71.2% Management 16.0% Fundraising 12.8%

Officers & Key Employees (29)

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Grants Received (46)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$2,015,035 ↓$1,672,260$9,892,839
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$2,082,403 ↓$1,705,111$9,382,240
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$2,338,721 ↓$3,069,841$8,859,978
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$2,826,046 ↓$2,606,789$9,508,164
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$6,965,044 ↑$6,767,239$9,465,537
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$5,202,918 ↑$4,526,328$9,094,943
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$4,653,514 $4,481,269$6,449,364

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EIN: 23-2690558 · Source: IRS Form 990 e-file data