Phoenix Pass Inc

Analysis

Phoenix Pass Inc is a registered charity in United States, based in Conyers, GA. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Phoenix Pass Inc reported income of $292k and spending of $231k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $165k to $292k (+77%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 84%. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Phoenix Pass Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Bridgwater Community Services Inc ($292k), Habitat for Humanity International ($292k) and Horizon Sober Living ($292k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $56k (24% of expenses). Other salaries and wages came to $30k. At year end it held assets of $795k against liabilities of $0, net assets of $795k. It reported 2 employees.