Phoenix Service Corporation

Analysis

Phoenix Service Corporation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Phoenix Service Corporation reported income of $1.9m and spending of $1.8m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+76%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Phoenix Service Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Emerson Foundation ($1.9m), Choice Services International Inc ($1.9m) and Latino Community Center ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $30k (1.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.6m against liabilities of $448k, net assets of $1.1m. It reported 38 employees.