Phoebe Corporate and Community Based Services Inc

Analysis

Phoebe Corporate and Community Based Services Inc is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Phoebe Corporate and Community Based Services Inc reported income of $5.5m and spending of $6.0m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.3m to $5.5m (-33%), an average of -9.6% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Phoebe Corporate and Community Based Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Ability Center of Greater Toledo ($5.5m), South Side Office of Concern ($5.5m) and Childrens Home Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 96% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $3.8m against liabilities of $8.9m, net assets of -$5.1m. It reported 97 employees.