Conexion Fenix

Analysis

Conexion Fenix is a registered charity in United States, based in Lincoln City, OR. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Conexion Fenix reported income of $152k and spending of $96k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $345k to $152k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 158% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Conexion Fenix sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within OR. Charities of a similar size with the same main cause include Daughters of Union Veterans of the Civil War 1861-1865 ($152k), Theatre West Summer Repertory ($152k) and Mississippi Industrial Heritage Museum Inc ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.