Phxca Inc

Analysis

Phxca Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Phxca Inc reported income of $292k and spending of $285k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $292k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Phxca Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within AZ. Charities of a similar size with the same main cause include Alternative Teaching Strategy Center ($292k), National Institute of Transplantation Foundation ($292k) and Seed of Hope Center Inc ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $102k (36% of expenses). Other salaries and wages came to $47k. At year end it held assets of $94k against liabilities of $32k, net assets of $61k. It reported 4 employees.