Philly Socialists' fiscal year is bookended by the annual fundraiser that takes place in July. The Central Committee is in charge of creating a budget and approving expenditures. This budget was voted into being by the Central Committee on September 10, 2018.

Philly Socialists is committed to budget transparency so that Philly Socialists members can see how their dues and contributions are being used to further the organization's goals. Any questions or concerns with budgetary matters can be sent to the Chief Administrative Officer at admin@phillysocialists.org.