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Filing year 2023

THE PHILADELPHIA EDUCATION FUND

Philadelphia, Pennsylvania·EIN 22-2567982·NTEE O50Z · Youth Development·501(c)(3)
Total revenue
$4.7M
Total assets
$13.9M
Total expenses
$4.6M
Reported officers
25
Mission

THE MISSION OF THE PHILADELPHIA EDUCATION FUND (PEF) IS TO CREATE EQUITABLE ACCESS TO OPPORTUNITIES FOR STUDENTS BY PROVIDING RESOURCES AND EXPERTISE THAT BUILD PATHS TO COLLEGE AND CAREER SUCCESS. WE FOCUS ON PHILADELPHIA STUDENTS ATTENDING PUBLIC SCHOOLS WITH LOW GRADUATION, PERSISTENCE, COLLEGE ENROLLMENT, AND COLLEGE COMPLETION RATES. WE CONSIDER OUR EFFORTS CRITICAL IN A CITY WITH A HIGH SCHOOL GRADUATION RATE OF 69% (VS. 85% NATIONWIDE), A RANK OF 92 OUT OF 100 IN COLLEGE ATTAINMENT, AND IN WHICH 25% OF THE POPULATION LIVES IN POVERTY. WE SEEK TO FULFILL OUR MISSION AND VISION BY EMBEDDING A COLLEGE- AND CAREER-GOING FRAMEWORK IN THE PHILADELPHIA PUBLIC SCHOOL SYSTEM; DESIGNING AND DELIVERING A MODEL SYSTEM OF IN-PERSON AND SCHOOL-BASED, AS WELL AS ONLINE AND VIRTUAL COLLEGE-AND CAREER-GOING SUPPORTS; ALIGNING INSTRUCTION ACROSS SECONDARY AND POSTSECONDARY INSTITUTIONS; RESOURCING STUDENTS WITH SCHOLARSHIP AID; AND SUPPORTING STUDENTS, EDUCATORS, DISTRICTS AND COMMUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Youth Development organizations in Pennsylvania.

President and CEO
Above 90th percentile
$205k
$228k
Base
$193k
Bonus
Other
Benefits
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 24 unpaid individuals.

Browse compensation in Youth Development

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE PHILADELPHIA EDUCATION FUND equaled 4% of the organization's total expenses. The median for youth development organizations is 11%.

This organization (2023)
4%
Sector median
11%
Middle half of sector
5% to 21%

Based on 5,229 youth development organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 21%
from 2022

From $170k in 2022 to $205k in 2023.

$170k
2022
$205k
2023
In today's dollarsEst.
Up 16% in real terms$197k to $228k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 21% from 2022 to 2023, while revenue rose 21%.

$170k in 2022 to $205k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE PHILADELPHIA EDUCATION FUND

What does the Chief Executive Officer of THE PHILADELPHIA EDUCATION FUND earn?

In 2023, the Chief Executive Officer of THE PHILADELPHIA EDUCATION FUND received $204,916 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Youth Development organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE PHILADELPHIA EDUCATION FUND compare with similar nonprofits?

Compared with the same role at Youth Development organizations in Pennsylvania, the 2023 pay of the Chief Executive Officer at THE PHILADELPHIA EDUCATION FUND falls in the top 10%. In 2023, the highest total compensation at THE PHILADELPHIA EDUCATION FUND equaled 4% of the organization's total expenses. The median for youth development organizations is 11%.

What are THE PHILADELPHIA EDUCATION FUND's revenue and expenses?

In 2023, THE PHILADELPHIA EDUCATION FUND reported $4.7M in total revenue and $4.6M in total expenses on its IRS Form 990.

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