Phoenix International Incorporated

Analysis

Phoenix International Incorporated is a registered charity in United States, based in White Plains, MD. It received its IRS tax-exemption ruling in October 2020, 6 years ago. 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 June 2023, Phoenix International Incorporated reported income of $498k and spending of $528k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $318k to $498k (+57%), an average of +56% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Phoenix International Incorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include U S Challenge Cup Inc ($498k), Charles Crest II Corporation ($498k) and The Nashville Tree Foundation ($498k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $173k (33% of expenses). At year end it held assets of $908k against liabilities of $928k, net assets of -$20k. It reported 2 employees.