Philly House pka Sunday Breakfast Rescue Mission

The information on this page was last updated 7/6/2023. If you see errors or omissions, please email: [email protected]


Summary

For over 140 years, Philly House has been a physical and spiritual sanctuary, empowering those in need of food, shelter and hope in Philadelphia.

WHO: We open our doors every day to walk alongside the homeless, hungry and hurting of Philadelphia so that they may experience the love of God through acts of mercy, dignity and respect.

HOW: Combining twenty-first century best practices with Christian compassion, we empower everyone we serve through trauma-informed care, a model that emphasizes more holistic, relational, long-term solutions.

WHY: Our Christian Faith is the foundation of everything we do and compels us to treat everyone-our guests, volunteers and donors-with excellence, dignity and compassion (in full obedience to Jesus' teaching in Matthew 25).


Contact information

Mailing address:
Philly House
PO Box 297
Philadelphia, PA 19105-0297

Website: phillyhouse.org

Phone: 215-922-6400

Email: [email protected]


Organization details

EIN: 231352558

CEO/President: Rev. Jeremy Montgomery, MBA

Chairman: Jeffrey Harvey

Board size: 9

Founder: 4 businessmen

Ruling year: 1942

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1988


Purpose

Our Vision: That the homeless, hungry and hurting in Philadelphia will achieve stability and self-sufficiency through a holistic transformation while experiencing the unconditional love of God.


Mission statement

We open our doors every day with a welcoming spirit of Christian compassion, walking alongside the homeless, hungry and hurting of Philadelphia so that they may experience the love of God through acts of mercy, dignity and respect. More than just a safe space, warm bed and a hot meal, we empower everyone we serve through deep, intentional engagement with compassionate programs and trauma-informed care-activating their God-given potential for life transformation.


Statement of faith

Based on our adherence to the inspired, infallible, inerrant, and authoritative Word of God in Scripture, we profess with the Christian Church throughout time for over 1,700 years and around the world, the faith expressed in the Nicene Creed.

We believe in one God, the Father almighty, maker of heaven and earth, of all things visible and invisible. And in one Lord Jesus Christ, the only Son of God, begotten from the Father before all ages, God from God, Light from Light, true God from true God, begotten, not made; of the same essence as the Father. Through him, all things were made. For us and for our salvation he came down from heaven; he became incarnate by the Holy Spirit and the virgin Mary, and was made human. He was crucified for us under Pontius Pilate; he suffered and was buried. The third day he rose again, according to the Scriptures. He ascended to heaven and is seated at the right hand of the Father. He will come again with glory to judge the living and the dead. His kingdom will never end. And we believe in the Holy Spirit, the Lord, the giver of life. He proceeds from the Father and the Son, and with the Father and the Son is worshiped and glorified. He spoke through the prophets. We believe in one holy catholic and apostolic church. We affirm one baptism for the forgiveness of sins. We look forward to the resurrection of the dead, and to life in the world to come. Amen.

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating855 of 1110111 of 141
Fund acquisition rating977 of 1111135 of 141
Resource allocation rating915 of 1111112 of 141
Asset utilization rating300 of 111037 of 141

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%23%18%13%13%21%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%23%17%13%13%17%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%99%92%99%99%83%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%21%20%19%16%16%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%1%8%1%1%17%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%73%73%74%75%68%
Spending ratio Spending ratio =
Total expenses /
Total revenue
90%107%86%66%79%108%
Program output ratio Program output ratio =
Program services /
Total revenue
71%78%63%49%59%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
10%-7%14%34%21%-8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-5%11%27%19%-7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%6%7%7%9%16%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.780.610.500.700.89
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.862.752.242.443.3013.19
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.692.141.361.222.3111.75
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.6721.215.128.7010.243.02
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.050.200.110.100.33
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.455.347.128.714.680.68
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%2%9%5%3%12%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%9%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
157%126%151%191%138%99%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$809,096$2,002,279$1,252,164$879,473$223,788
Receivables, inventories, prepaids$969,181$477,317$745,709$163,851$4,783
Short-term investments$3,815$9,354$6,879$6,642$7,423
Other current assets$0$0$0$0$0
Total current assets$1,782,092$2,488,950$2,004,752$1,049,966$235,994
Long-term investments$432,942$438,769$567,302$514,124$540,328
Fixed assets$2,688,492$2,646,052$2,324,582$1,892,526$2,327,832
Other long-term assets$0$0$0$8,225$8,225
Total long-term assets$3,121,434$3,084,821$2,891,884$2,414,875$2,876,385
Total assets$4,903,526$5,573,771$4,896,636$3,464,841$3,112,379
 
Liabilities20232022202120202019
Payables and accrued expenses$84,004$486,530$230,469$102,580$78,181
Other current liabilities$0$0$0$0$0
Total current liabilities$84,004$486,530$230,469$102,580$78,181
Debt$0$0$0$0$283,159
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$5,785$5,492$995$394$13,085
Total long-term liabilities$5,785$5,492$995$394$296,244
Total liabilities$89,789$492,022$231,464$102,974$374,425
 
Net assets20232022202120202019
Without donor restrictions$4,234,295$4,566,980$4,002,870$2,650,021$2,159,904
With donor restrictions$579,442$514,769$662,302$711,846$578,050
Net assets$4,813,737$5,081,749$4,665,172$3,361,867$2,737,954
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$3,515,392$3,615,205$3,650,636$3,037,406$2,138,533
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$7,066$281,013$29,105$9,883$384,393
Other revenue$30,415$22,909$14,824$31,532$55,626
Total other revenue$37,481$303,922$43,929$41,415$440,019
Total revenue$3,552,873$3,919,127$3,694,565$3,078,821$2,578,552
 
Expenses20232022202120202019
Program services$2,788,289$2,477,220$1,804,278$1,824,310$1,888,239
Management and general$210,107$232,940$168,032$212,554$437,869
Fundraising$816,662$663,857$472,128$391,840$447,433
Total expenses$3,815,058$3,374,017$2,444,438$2,428,704$2,773,541
 
Change in net assets20232022202120202019
Surplus (deficit)($262,185)$545,110$1,250,127$650,117($194,989)
Other changes in net assets$0$0$0$0$0
Total change in net assets($262,185)$545,110$1,250,127$650,117($194,989)

Compensation

NameTitleCompensation
Jeremy MontgomeryPresident/CEO$151,522

Compensation data as of: 6/30/2023


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 7/6/2023. To update the information below, please email: [email protected]


History

For over 140 years, Philly House has been a physical and spiritual sanctuary, empowering the homeless, hungry and hurting of Philadelphia. Today, we remain the second oldest homeless shelter in the country.

A living legacy of John Wanamaker, we've served the homeless, hungry and hurting since 1878 to work to activate others' God-given potential.

What started as an outreach to serve breakfast to homeless men on Sunday mornings, has grown to become Philadelphia's only provider of three meals a day, 365 days a year, serving more than 10,000 meals each month to anyone who walks in our doors.

Today, we are the city's largest and longest-running shelter, providing a safe, clean refuge off the streets along with deep, intentional engagement to see a long-term impact.

Today: Sunday Breakfast Rescue Mission is now Philly House! We continue to open our doors every day with a compassionate, welcoming spirit of generosity to walk alongside the homeless, hungry and hurting of Philadelphia. Activating healing not handouts, we offer deep, dignified engagement to help others achieve stability and self-sufficiency while experiencing the unconditional love of God.

For a timeline, visit: phillyhouse.org/about/history


Program accomplishments


Needs