Phoenix Programs of Florida Inc

Analysis

Phoenix Programs of Florida Inc is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Phoenix Programs of Florida Inc reported income of $11.0m and spending of $9.4m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.9m to $11.0m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Phoenix Programs of Florida Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Versiti Blood Research Institute Foundation Inc ($10.9m), Little Rivers Health Care Inc ($11.0m) and Bostons Community Medical Group Inc ($10.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $565k (6.0% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $8.5m against liabilities of $1.4m, net assets of $7.1m. It reported 158 employees.