Phoenix Pride Incorporated

Analysis

Phoenix Pride Incorporated is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Phoenix Pride Incorporated reported income of $2.1m and spending of $2.5m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.1m (+2.8%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 536%. Over the whole period it spent 92% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Phoenix Pride Incorporated sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within AZ. Charities of a similar size with the same main cause include Political Asylum Immigration Representation Project Inc ($2.1m), Mississippi Childrens Advocacy Center Inc ($2.1m) and Center for Child & Family Advocacy ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $120k (4.8% of expenses). Other salaries and wages came to $192k. At year end it held assets of $1.2m against liabilities of $200k, net assets of $1.0m. It reported 4 employees.