Flexible Pricing Model

COLLECTIVE STRENGTH 

Flexible Pricing Model

June 12, 2021

This guide serves to explain our flexible pricing model to offer more financial inclusivity for our gym memberships, workshops, and events. Everyone should read and consider this information carefully in order to decide which tier best fits their circumstances. These figures are based on median household income for the city of Philadelphia ($64,000).

TIER 1 (Subsidized)

  • This tier is for people with the most financial need.

  • Your total annual household income is below $30,000

  • You frequently struggle to pay your bills and/or do not have any family to help you out financially.

  • You support several children, family members, or others on your household income.

  • Your net worth* is negative.

TIER 2 (Subsidized)

  • This tier is for people with more financial need.

  • Your total annual household income is between $30,000 and $55,000.

  • You sometimes struggle to pay your bills and/or have few family members able to help you out financially.

  • You support several children, family members, or others on your household income.

  • Your net worth* is negative.

TIER 3 (At-Cost)

  • This tier is for people who are reasonably financially secure.

  • Your total annual household income is between $55,000 and $75,000.

  • You rarely struggle to pay your bills and you have family members who are able to help you out financially.

  • You support one or two children, family members, or others on your household income.

  • Your net worth* is negative or positive, but you don’t struggle with debt.

TIER 4 (Sustainer / Pay-It-Forward)

  • This tier is for people who are financially secure and wish to help cover the costs for those experiencing more financial need.

  • Your total annual household income is above $75,000.

  • You never struggle to pay your bills and you have family members who are able to help you out financially.

  • You do not support anyone else on your household income or supporting a child, family member, or other person on your household income doesn’t create a financial burden for you.

  • Your net worth* is positive.

*Net worth refers to all of your assets (savings, investments, retirement, houses, cars, etc) minus all of your debts (loans, credit cards, medical debt, etc).