Possibility Place Christian Mission Inc

Analysis

Possibility Place Christian Mission Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Possibility Place Christian Mission Inc reported income of $98k and spending of $52k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $98k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 59% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Possibility Place Christian Mission Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within AZ. Charities of a similar size with the same main cause include Kings Kid Denver ($98k), St John of the Cross Foundation ($98k) and Glendale Armenian Brotherhood Bible Church ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.