Phoebe Sumter Foundation Inc

Analysis

Phoebe Sumter Foundation Inc is a registered charity in United States, based in Americus, GA. It received its IRS tax-exemption ruling in January 1986, 40 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 July 2023, Phoebe Sumter Foundation Inc reported income of $194k and spending of $147k, leaving 24% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $91k to $194k (+114%), an average of +21% a year. The sharpest change came in the year to July 2020, when income rose by 85%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Phoebe Sumter Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include Care House Life Ministries ($194k), Spartawhite County Activity Center ($194k) and Institute of Counseling Prayer ($194k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.