Rising Phoenix Enrichment Program Inc

Analysis

Rising Phoenix Enrichment Program Inc is a registered charity in United States, based in Hampton, GA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Rising Phoenix Enrichment Program Inc reported income of $2.4m and spending of $2.1m, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.4m to $2.4m (+0.1%), an average of +0.0% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rising Phoenix Enrichment Program Inc 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 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Bridges Preparatory Academy ($2.4m), Glendale College Foundation Incorporated ($2.4m) and Fulton Education Foundation Inc ($2.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $138k (6.6% of expenses). Other salaries and wages came to $168k. At year end it held assets of $2.0m against liabilities of $714k, net assets of $1.3m. It reported 7 employees.