Petaluma Phoenix Center Inc

Analysis

Petaluma Phoenix Center Inc is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Petaluma Phoenix Center Inc reported income of $240k and spending of $333k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $530k to $240k (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Petaluma Phoenix Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Southwest Florida Baseball Inc ($240k), Westchester Science and Engineering Fair Inc ($240k) and Greater Baldwin Whitehall Athletic Association Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $77k (23% of expenses). At year end it held assets of $1.1m against liabilities of $878, net assets of $1.1m. It reported 1 employees.