Phoenix Virtues Association

Analysis

Phoenix Virtues Association is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Phoenix Virtues Association reported income of $83k and spending of $53k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $254k to $83k (-67%), an average of -43% a year. The sharpest change came in the year to December 2022, when income dropped by 76%. Over the whole period it spent 29% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Phoenix Virtues Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within AZ. Charities of a similar size with the same main cause include Hands of God Missions Inc ($83k), Tower of Faith World Missions ($83k) and KGM Support Corporation ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $680k against liabilities of $0, net assets of $680k.