Phoenix House Inc

Analysis

Phoenix House Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in October 1973, 53 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 September 2023, Phoenix House Inc reported income of $1.4m and spending of $1.2m, spending 86% of its income. Across the 6 years on record, from September 2018 to September 2023, income grew from $736k to $1.4m (+94%), an average of +14% a year. The sharpest change came in the year to September 2023, when income rose by 28%. 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 House Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within AL. Charities of a similar size with the same main cause include Life Skills Training Center Inc ($1.4m), Health Occupations Students of America ($1.4m) and Kalamazoo Optimist Hockey Association Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Other salaries and wages came to $536k. At year end it held assets of $821k against liabilities of $378k, net assets of $443k. It reported 18 employees.