Fenix Ltd

Analysis

Fenix Ltd is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 February 2024, Fenix Ltd reported income of $55k and spending of $131k, spending 237% of what it took in. Across the 3 years on record, from February 2021 to February 2024, income fell from $448k to $55k (-88%), an average of -65% a year. The sharpest change came in the year to February 2023, when income dropped by 88%. Over the whole period it spent 85% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Fenix Ltd sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Rock Kidz Uganda Inc ($55k), Hope in the Night Ministries ($55k) and Utah Refugee Goats ($55k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.