Phoenix Methodist Church
Analysis
Phoenix Methodist Church is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in December 2007, 19 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 Methodist Church reported income of $125k and spending of $89k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $78k to $125k (+60%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 76% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Phoenix Methodist Church sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within AZ. Charities of a similar size with the same main cause include Ramah Ministreies Inc ($125k), Sounds of the Trumpet Inc ($125k) and Prevision Partnership Inc ($125k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $28k (32% of expenses). At year end it held assets of $733k against liabilities of $0, net assets of $733k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ramah Ministreies Inc | Alex City | $125k |
| Sounds of the Trumpet Inc | The Woodlands | $125k |
| Prevision Partnership Inc | Dallas | $125k |
| Sisters of the New Covenant Inc | Golden | $125k |