Unleashed Phoenix Corp

Analysis

Unleashed Phoenix Corp is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Unleashed Phoenix Corp reported income of $1.6m and spending of $1.4m, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $957k to $1.6m (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Unleashed Phoenix Corp sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within AZ. Charities of a similar size with the same main cause include Barnwell County Commission on Alchohol and Drug Abuse ($1.6m), Exodus Outreach Foundation Inc ($1.6m) and Danny Did Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $201k (14% of expenses). Other salaries and wages came to $215k. It paid $476 in professional fundraising fees. At year end it held assets of $503k against liabilities of $0, net assets of $503k. It reported 12 employees.