Detroit Phoenix Center

Analysis

Detroit Phoenix Center is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Detroit Phoenix Center reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $247k to $1.0m (+315%), an average of +33% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Detroit Phoenix Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Tacoma Urban League ($1.0m), Created Women Inc ($1.0m) and The Glen-Ed Pantry ($1.0m).

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 $131k (12% of expenses). Other salaries and wages came to $210k. At year end it held assets of $323k against liabilities of $22k, net assets of $301k. It reported 8 employees.