Philly House pka Sunday Breakfast Rescue Mission 
The information on this page was last updated 10/19/2022. 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: 7
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.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 750 of 1022 | 118 of 155 |
| Fund acquisition rating | | 690 of 1025 | 115 of 155 |
| Resource allocation rating | | 748 of 1025 | 111 of 155 |
| Asset utilization rating | | 492 of 1022 | 85 of 155 |
Financial ratios
| Funding ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 9% | 13% | 13% | 21% | 18% | 22% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 8% | 13% | 13% | 17% | 17% | 21% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 99% | 99% | 83% | 97% | 96% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 10% | 19% | 16% | 16% | 17% | 18% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 1% | 1% | 17% | 3% | 4% |
| Operating ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 74% | 75% | 68% | 73% | 72% |
Spending ratio Spending ratio = Total expenses / Total revenue | 85% | 66% | 79% | 108% | 101% | 116% |
Program output ratio Program output ratio = Program services / Total revenue | 67% | 49% | 59% | 73% | 74% | 83% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 15% | 34% | 21% | -8% | -1% | -16% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 12% | 27% | 19% | -7% | -1% | -14% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 7% | 9% | 16% | 10% | 10% |
| Investing ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.50 | 0.70 | 0.89 | 0.79 | 0.79 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.92 | 2.44 | 3.30 | 13.19 | 10.04 | 8.67 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.62 | 1.22 | 2.31 | 11.75 | 7.90 | 6.86 |
| Liquidity ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.19 | 8.70 | 10.24 | 3.02 | 2.75 | 2.81 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.11 | 0.10 | 0.33 | 0.36 | 0.36 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.10 | 8.71 | 4.68 | 0.68 | 0.97 | 1.13 |
| Solvency ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 5% | 3% | 12% | 19% | 21% |
Debt ratio Debt ratio = Debt / Total assets | 1% | 0% | 0% | 9% | 15% | 17% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 155% | 191% | 138% | 99% | 104% | 99% |
Financials
| Balance sheet | |||||
| Assets | 2021 | 2020 | 2019 | 2018 | 2017 |
| Cash | $1,252,164 | $879,473 | $223,788 | $35,316 | $132,610 |
| Receivables, inventories, prepaids | $745,709 | $163,851 | $4,783 | $124,378 | $135,177 |
| Short-term investments | $6,879 | $6,642 | $7,423 | $201,669 | $171,717 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,004,752 | $1,049,966 | $235,994 | $361,363 | $439,504 |
| Long-term investments | $567,302 | $514,124 | $540,328 | $550,502 | $553,439 |
| Fixed assets | $2,324,582 | $1,892,526 | $2,327,832 | $2,715,668 | $2,814,947 |
| Other long-term assets | $0 | $8,225 | $8,225 | $2,093 | $2,368 |
| Total long-term assets | $2,891,884 | $2,414,875 | $2,876,385 | $3,268,263 | $3,370,754 |
| Total assets | $4,896,636 | $3,464,841 | $3,112,379 | $3,629,626 | $3,810,258 |
| Liabilities | 2021 | 2020 | 2019 | 2018 | 2017 |
| Payables and accrued expenses | $230,469 | $102,580 | $78,181 | $131,435 | $156,332 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $230,469 | $102,580 | $78,181 | $131,435 | $156,332 |
| Debt | $0 | $0 | $283,159 | $540,868 | $655,102 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $995 | $394 | $13,085 | $150 | $4,089 |
| Total long-term liabilities | $995 | $394 | $296,244 | $541,018 | $659,191 |
| Total liabilities | $231,464 | $102,974 | $374,425 | $672,453 | $815,523 |
| Net assets | 2021 | 2020 | 2019 | 2018 | 2017 |
| Without donor restrictions | $4,002,870 | $2,650,021 | $2,159,904 | $2,128,587 | $2,158,391 |
| With donor restrictions | $662,302 | $711,846 | $578,050 | $828,586 | $836,344 |
| Net assets | $4,665,172 | $3,361,867 | $2,737,954 | $2,957,173 | $2,994,735 |
| Revenues and expenses | |||||
| Revenue | 2021 | 2020 | 2019 | 2018 | 2017 |
| Total contributions | $3,650,636 | $3,037,406 | $2,138,533 | $2,735,091 | $2,498,875 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $29,105 | $9,883 | $384,393 | $36,755 | $79,868 |
| Other revenue | $14,824 | $31,532 | $55,626 | $47,629 | $27,153 |
| Total other revenue | $43,929 | $41,415 | $440,019 | $84,384 | $107,021 |
| Total revenue | $3,694,565 | $3,078,821 | $2,578,552 | $2,819,475 | $2,605,896 |
| Expenses | 2021 | 2020 | 2019 | 2018 | 2017 |
| Program services | $1,804,278 | $1,824,310 | $1,888,239 | $2,075,287 | $2,158,574 |
| Management and general | $168,032 | $212,554 | $437,869 | $295,445 | $316,313 |
| Fundraising | $472,128 | $391,840 | $447,433 | $483,368 | $542,270 |
| Total expenses | $2,444,438 | $2,428,704 | $2,773,541 | $2,854,100 | $3,017,157 |
| Change in net assets | 2021 | 2020 | 2019 | 2018 | 2017 |
| Surplus (deficit) | $1,250,127 | $650,117 | ($194,989) | ($34,625) | ($411,261) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,250,127 | $650,117 | ($194,989) | ($34,625) | ($411,261) |
Compensation
| Name | Title | Compensation |
| Jeremy Montgomery | President/CEO | $128,522 |
Compensation data as of: 6/30/2021
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 10/19/2022. 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