Phoenixville Area Community Services Inc

Analysis

Phoenixville Area Community Services Inc is a registered charity in United States, based in Phoenixville, PA. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Phoenixville Area Community Services Inc reported income of $16.8m and spending of $15.2m, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $952k to $16.8m (+1661%), an average of +78% a year. The sharpest change came in the year to June 2021, when income rose by 273%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Phoenixville Area Community Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Paladin Inc ($16.8m), Dekalb Area Retirement Center ($16.8m) and Central State Community Services Inc ($16.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $123k (0.8% of expenses). Other salaries and wages came to $291k. At year end it held assets of $5.2m against liabilities of $621k, net assets of $4.6m. It reported 8 employees.