Phoenix International Academy

Analysis

Phoenix International Academy is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Phoenix International Academy reported income of $3.1m and spending of $2.4m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $593k to $3.1m (+420%), an average of +51% a year. The sharpest change came in the year to June 2020, when income rose by 165%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Phoenix International Academy sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Dallas Afterschool ($3.1m), Diablo Valley Montessori School Inc ($3.1m) and Cse Building Company ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $113k (4.8% of expenses). Other salaries and wages came to $638k. At year end it held assets of $1.6m against liabilities of $1.3m, net assets of $323k. It reported 14 employees.