Phoenixville Community Education

Analysis

Phoenixville Community Education is a registered charity in United States, based in Phoenixville, PA. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Phoenixville Community Education reported income of $328k and spending of $293k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $369k to $328k (-11%), an average of -2.9% a year. The sharpest change came in the year to June 2020, when income rose by 23%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Phoenixville Community Education sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Nechamas Zion Inc ($328k), Norman C Tanner and Barbara L Tanner Charitable Support TR ($328k) and Africa Network Evangelism Task Inc ($327k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $47k (16% of expenses). Other salaries and wages came to $13k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 3 employees.