We count pledges when the cash is received, not when they’re promised, so these numbers differ from Friends of Philip's Newark INC’s 990. How we count pledges
Where revenue came from, FY2025
Noncash gifts
$1.6M · 67%
Other revenue
$362K · 15%
Gifts and grants
$258K · 11%
Related organizations
$158K · 7%
Total revenue on the 990
$4,097,162
Investment income
− $103,694
Pledges promised this year, not yet received
− $1,650,000
Revenue we count
$2,343,468
What it does
Support the education of urban youth and to provide resources to institutions dedicated to helping urban youth to develop the intellectual competence and values necessary to live productive lives filled with options and choice.