Black Phoenix Foundation Inc

Analysis

Black Phoenix Foundation Inc is a registered charity in United States, based in Oakland Park, FL. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Black Phoenix Foundation Inc reported income of $75k and spending of $26k, leaving 65% of income unspent that year. Over the whole period it spent 35% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Black Phoenix Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Living on Purpose Atl Inc ($75k), Christian Food Bank of Salemburg ($75k) and RGP Foundation Incorporated ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.