WORLD TRADE CENTER OF GREATER PHILADELPHIA Charity Report

Public IRS 990 nonprofit record

WORLD TRADE CENTER OF GREATER PHILADELPHIA

EIN 81-0582843 · International Economic Development (Q32)

What they do

WORLD TRADE CENTER of GREATER PHILADELPHIA (WTCGP) is THE REGIONS LEADING NON-PROFIT INTERNATIONAL TRADE SERVICES ORGANIZATION. THE WTCGPS MISSION is to BRING GROWTH and PROSPERITY to BUSINESSES, COMMUNITIES, and NEIGHBORHOODS (CONTINUED ON SCHEDULE O)IN GREATER PHILADELPHIA and WORLDWIDE THROUGH GLOBAL TRADE and INVESTMENT. THE WTCGP BELONGS to THE WORLD TRADE CENTERS ASSOCIATION of OVER 300 WORLD TRADE CENTERS IN NEARLY 100 COUNTRIES and SERVES AS THE COMMONWEALTH of PENNSYLVANIAS APPOINTED REGIONAL EXPORT NETWORK REPRESENTATIVE for SOUTHEASTERN PENNSYLVANIA. SINCE 2001, WHEN THE WTCGP WAS ESTABLISHED, THE ORGANIZATION HAS HELPED COMPANIES GENERATE IN TOTAL OVER $2.3B IN INCREMENTAL EXPORT SALES, SUPPORTING OVER 29,000 JOBS IN THE GREATER PHILADELPHIA REGION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $63.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

71.38%of revenue went to mission work63.1% of expenses · Program services

19.74%of revenue went to fundraising17.5% of expenses

$113.09spent for every $100 of revenueSpending was higher than revenue this year.

21.97%of revenue went to management and office costs19.4% of expenses

$0.39in assets for every $1 spent this yearSome assets cannot be spent right away.

104.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $147,598 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $170,457 for THOMAS YOUNG (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,127,594

Mission workProgram services$804,86871.38% of revenue63.1% of expenses

ManagementOffice and general costs$247,71121.97% of revenue19.4% of expenses

FundraisingAsking for donations$222,61319.74% of revenue17.5% of expenses

Total expenses$1,275,192113.09% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 63.1% mission · 19.4% management · 17.5% fundraisingTotal expenses: 113.09% of revenue

2023Expense mix: 43.4% mission · 21.2% management · 35.3% fundraisingTotal expenses: 130.00% of revenue

2022Expense mix: 41.9% mission · 22.6% management · 35.5% fundraisingTotal expenses: 132.65% of revenue

2021Expense mix: 70.9% mission · 9.4% management · 19.6% fundraisingTotal expenses: 124.65% of revenue

2020Expense mix: 64.6% mission · 17.6% management · 17.8% fundraisingTotal expenses: 113.52% of revenue

2019Expense mix: 78.8% mission · 13.3% management · 8.0% fundraisingTotal expenses: 99.30% of revenue

2018Expense mix: 82.0% mission · 11.2% management · 6.8% fundraisingTotal expenses: 90.59% of revenue

2017Expense mix: 60.9% mission · 24.4% management · 14.7% fundraisingTotal expenses: 139.70% of revenue

Money in and money out

Revenue$1,127,594

Expenses$1,275,192

Annual shortfall $147,598 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$804,868 · 63.1% of expenses

Management and office costs$247,711 · 19.4% of expenses

Fundraising$222,613 · 17.5% of expenses

See all reported dollar amounts

Revenue$1,127,594

Expenses$1,275,192

Assets$501,882

Income$1,198,333

Contributions$1,172,514

Mission work (program services)$804,868

Fundraising$222,613

Management and general$247,711

Accounting fees$26,084

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

THOMAS YOUNGCEO · 40 hrs/week $170,457Base $150,000 · Other $20,457

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

THOMAS YOUNGCEO

ANTHONY J SIMONETTABOARD MEMBER

BERNADINE J MUNLEYBOARD MEMBER

DAVID A DELIZZABOARD MEMBER

DR JOHN A BENNETTBOARD MEMBER

GARY P BIEHN ESQBOARD MEMBER

JOSEPH J SCALIOCHAIRMAN

JOVAN GOLDSTEINBOARD MEMBER

MARTIN G BELISARIOSECRETARY

MARTY SCHIFFMANBOARD MEMBER

ROBERT KRITZERBOARD MEMBER

ROSEANN B ROSENTHALBOARD MEMBER

STEVEN J BATZERTREASURER

STEVEN S BRADLEYVICE CHAIRMAN

THOMAS LEONARDBOARD MEMBER

About this charity

Recognized since: January 2003
Location: 1617 JOHN F KENNEDY BLVD STE 1690, PHILADELPHIA, PA 19103-1846
County: Philadelphia
In care of: % JIM LITTLE
Primary officer: THOMAS YOUNG, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@wtcphila.org Phone(215) 586-4240

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: International Economic Development (Q32)
IRS tax category: International Economic Development