Phi

Analysis

Phi is a registered charity in United States, based in Dillsburg, PA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Phi reported income of $25.1m and spending of $24.8m, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $22.6m to $25.1m (+11%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Phi sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Bayley Senior Care ($25.1m), Alternative Services-Or Inc ($25.1m) and Wateree Community Actions Inc ($25.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $2.8m (11% of expenses). Other salaries and wages came to $9.6m. At year end it held assets of $79.0m against liabilities of $85.2m, net assets of -$6.2m. It reported 151 employees.