Pheasant Ring

Analysis

Pheasant Ring is a registered charity in United States, based in Birmingham, MI. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Pheasant Ring reported income of $69k and spending of $97k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $173k to $69k (-60%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pheasant Ring sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within MI. Charities of a similar size with the same main cause include Logan Strong Foundation Inc ($69k), Project Insulin ($69k) and Mott Ambulance Service ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 75% of the total. Other salaries and wages came to $25k. At year end it held assets of $514k against liabilities of $179k, net assets of $335k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.