Phoenix Vusion Group

Analysis

Phoenix Vusion Group is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Phoenix Vusion Group reported income of $102k and spending of $94k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $102k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Phoenix Vusion Group sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Haslet Sports Association Inc ($102k), Benjamin Goldberg Foundation ($102k) and Bay State Speedskating Club Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7,147 against liabilities of $0, net assets of $7,147.