Phoenix Recovery Institute

Analysis

Phoenix Recovery Institute is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Phoenix Recovery Institute reported income of $409k and spending of $409k, spending 100% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $363k to $409k (+13%), an average of +6.2% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Phoenix Recovery Institute sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within OK. Charities of a similar size with the same main cause include Iris M Battle Housing Inc ($409k), Highland Area Not for Profit Housing Corporation-Hanfphc ($410k) and Middle Creek Housing Corporation ($409k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $164k (40% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.