The Phoenix Family Housing Corporation

Analysis

The Phoenix Family Housing Corporation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, The Phoenix Family Housing Corporation reported income of $3.2m and spending of $3.6m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.2m (+6.0%), an average of +1.5% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Phoenix Family Housing Corporation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Inwood House Development Corporation ($3.2m), Options Inc ($3.2m) and Amor Ministries Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $237k (6.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.2m against liabilities of $948k, net assets of $1.3m. It reported 45 employees.