First Place-Phoenix Transitional Homes

Analysis

First Place-Phoenix Transitional Homes is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Place-Phoenix Transitional Homes reported income of $166k and spending of $184k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $178k to $166k (-6.8%), an average of -6.8% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, First Place-Phoenix Transitional Homes sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within AZ. Charities of a similar size with the same main cause include Housing Partners for Positive Living Inc ($166k), Diamond Sunrise II Corporation ($166k) and Bridges to Housing Inc ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $2,492 against liabilities of $50, net assets of $2,442.