Phoenix Emerald Foundation Inc
Analysis
Phoenix Emerald Foundation Inc 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 human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending April 2024, Phoenix Emerald Foundation Inc reported income of $425k and spending of $348k, spending 82% of its income. The sharpest change came in the year to April 2024, when income rose by 127395%. Over the whole period it spent 78% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Phoenix Emerald Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within AZ. Charities of a similar size with the same main cause include Inspired Life Therapy ($425k), Cares Project Inc ($425k) and Magic Hat Thrift Shop Inc ($425k).
On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $240k against liabilities of $0, net assets of $240k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Inspired Life Therapy | Tacoma | $425k |
| Cares Project Inc | Winston Salem | $425k |
| Magic Hat Thrift Shop Inc | Marblehead | $425k |
| Chosen for Life Ministries Inc | Watkinsville | $425k |