Phokos NFP

Analysis

Phokos NFP is a registered charity in United States, based in Arcola, IL. It received its IRS tax-exemption ruling in July 2016, 10 years ago. 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, Phokos NFP reported income of $117k and spending of $108k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $57k to $117k (+105%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Phokos NFP sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Arc of Hawaii Housing Project Number 12 Incorporated ($117k), Canby Swim Club Inc ($117k) and Mississippi Hunter-Jumper Association Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (9.6% of expenses). At year end it held assets of $92k against liabilities of $28, net assets of $92k. It reported 1 employees.