Phoenix House Foundation Inc

Analysis

Phoenix House Foundation Inc is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in September 1968, 58 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Phoenix House Foundation Inc reported income of $1.6m and spending of $154k, leaving 90% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.6m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 229% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Phoenix House Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include St Joseph Ambulatory Care Inc ($1.6m), Midwest Challenge Inc ($1.6m) and Mobile Health Clinics Association ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $6.1m against liabilities of $14.7m, net assets of -$8.7m. It reported 3 employees.