The Phoenix School Inc

Analysis

The Phoenix School Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in March 1981, 45 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, The Phoenix School Inc reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $921k to $1.2m (+30%), an average of +6.8% a year. The sharpest change came in the year to July 2022, when income rose by 37%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Phoenix School Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Dubuque Symphony Orchestra ($1.2m), Psi Iota XI ($1.2m) and Parsippany Soccer Club Inc ($1.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $99k (7.8% of expenses). Other salaries and wages came to $687k. At year end it held assets of $312k against liabilities of $42k, net assets of $270k. It reported 25 employees.