Phoenix Transitional Housing Plus

Analysis

Phoenix Transitional Housing Plus is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Phoenix Transitional Housing Plus reported income of $1.6m and spending of $1.3m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $486k to $1.6m (+228%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Phoenix Transitional Housing Plus sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Farmingdale Housing Development Fund Company Inc ($1.6m), Beth-Anne Residences ($1.6m) and Corporacion Desarrollo Economico de Salud Y Vivienda ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $158k (12% of expenses). Other salaries and wages came to $172k. At year end it held assets of $771k against liabilities of $33k, net assets of $738k. It reported 8 employees.