Phoenix Chinese Week

Analysis

Phoenix Chinese Week is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 1996, 30 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Phoenix Chinese Week reported income of $117k and spending of $119k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $117k (+183%), an average of +183% a year. The sharpest change came in the year to December 2023, when income rose by 183%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Phoenix Chinese Week sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within AZ. Charities of a similar size with the same main cause include Threadhead Cultural Foundation ($117k), Brown County Historical Society ($117k) and Philadelphia Dance Projects ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.