Crosier Village of Phoenix

Analysis

Crosier Village of Phoenix is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2021, 5 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 December 2023, Crosier Village of Phoenix reported income of $741k and spending of $418k, leaving 44% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $516k to $741k (+44%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 236%. Over the whole period it spent 37% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crosier Village of Phoenix sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Flagler Auditorium Governing Board Inc ($741k), The Salina Symphony Inc ($741k) and Boston Partners in Education Inc ($741k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $6.2m against liabilities of $200k, net assets of $6.0m.