Silambam Phoenix

Analysis

Silambam Phoenix is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, Silambam Phoenix reported income of $110k and spending of $64k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $110k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 129% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Silambam Phoenix sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within AZ. Charities of a similar size with the same main cause include Spreadmusicnow Inc ($110k), Belton-Honea Path Music Boosters ($110k) and Atheist Alliance of America ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.