Phoenix Gospel Mission
Analysis
Phoenix Gospel Mission is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 1960, 66 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2024, Phoenix Gospel Mission reported income of $31.9m and spending of $33.8m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $20.2m to $31.9m (+58%), an average of +9.6% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 87% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Phoenix Gospel Mission sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include Thru the Bible Inc ($31.7m), Amazing Facts International ($32.8m) and Real Life Ministry ($31.4m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $538k (1.6% of expenses). Other salaries and wages came to $9.3m. It paid $2.3m in professional fundraising fees. At year end it held assets of $51.2m against liabilities of $8.9m, net assets of $42.3m. It reported 200 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 9.2%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Thru the Bible Inc | Claremont | $31.7m |
| Amazing Facts International | Granite Bay | $32.8m |
| Real Life Ministry | Glendale | $31.4m |
| GC Relief | Santa Ana | $33.6m |