Phonetic Spit

Analysis

Phonetic Spit is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 January 2024, Phonetic Spit reported income of $132k and spending of $132k, spending 100% of its income. Across the 3 years on record, from January 2022 to January 2024, income grew from $99k to $132k (+33%), an average of +16% a year. The sharpest change came in the year to January 2024, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Phonetic Spit sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within AZ. Charities of a similar size with the same main cause include Sweet Adelines International ($132k), Scotch Fair Highland Games Foundation ($132k) and World Organization of China Painters ($132k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.