Phoenix Associates Counseling Services Inc

Analysis

Phoenix Associates Counseling Services Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Phoenix Associates Counseling Services Inc reported income of $1.2m and spending of $1.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $953k to $1.2m (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Phoenix Associates Counseling Services Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Center for Dairy Excellence Foundation of Pennsylvania ($1.2m), Burlington Daycare Inc ($1.2m) and Cultural Brokers Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $75k (6.2% of expenses). Other salaries and wages came to $674k. At year end it held assets of $49k against liabilities of $253k, net assets of -$204k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.