Phoenix Resource Center
Analysis
Phoenix Resource Center is a registered charity in United States, based in Carrollton, GA. It received its IRS tax-exemption ruling in December 2011, 15 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 June 2024, Phoenix Resource Center reported income of $3.1m and spending of $2.8m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.9m to $3.1m (+9.7%), an average of +2.3% a year. Over the whole period it spent 88% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Phoenix Resource Center sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Journeys Supported Living Services ($3.1m), Fiscal Assistance Inc ($3.1m) and We-Cycle ($3.1m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $299k (11% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.7m against liabilities of $24k, net assets of $2.7m. It reported 53 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Journeys Supported Living Services | Novato | $3.1m |
| Fiscal Assistance Inc | Madison | $3.1m |
| We-Cycle | Aspen | $3.1m |
| SCCCC Rebuilding Lives Inc | Hesperia | $3.1m |