Phoenix Union Partnership of Business and Education Inc

Analysis

Phoenix Union Partnership of Business and Education Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Union Partnership of Business and Education Inc reported income of $262k and spending of $307k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $337k to $262k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Phoenix Union Partnership of Business and Education Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within AZ. Charities of a similar size with the same main cause include Lincoln Park Auxillary Booster Club ($262k), Fondazione Italia ($263k) and Lakeside Lutheran Foundation Inc ($262k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $60k (19% of expenses). At year end it held assets of $1.4m against liabilities of $183k, net assets of $1.2m. It reported 1 employees.