Phoenix School for Creative Learning Inc

Analysis

Phoenix School for Creative Learning Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 1994, 32 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 2024, Phoenix School for Creative Learning Inc reported income of $160k and spending of $179k, spending 112% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $200k to $160k (-20%), an average of -4.4% a year. The sharpest change came in the year to July 2022, when income rose by 69%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Phoenix School for Creative Learning Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Kentucky Veterans Brigade ($160k), Missouri Association of Community Arts Agencies ($160k) and Friends of Sacramento Arts ($160k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $120k (67% of expenses). At year end it held assets of $105k against liabilities of $0, net assets of $105k. It reported 3 employees.