Phoenix Center

Analysis

Phoenix Center is a registered charity in United States, based in Marble Falls, TX. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Phoenix Center reported income of $2.1m and spending of $1.2m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.1m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 45% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Phoenix Center 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 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Angeles Crest Christian Camp ($2.1m), National Collegiate Hockey Conference ($2.1m) and Whatcom Sports & Recreation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $111k (9.2% of expenses). Other salaries and wages came to $394k. At year end it held assets of $8.9m against liabilities of $988, net assets of $8.9m. It reported 18 employees.