Phoenix Services Corporation

Analysis

Phoenix Services Corporation is a registered charity in United States, based in Clearfield, UT. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Phoenix Services Corporation reported income of $1.3m and spending of $1.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.3m (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2022, when income dropped by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Phoenix Services Corporation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within UT. Charities of a similar size with the same main cause include Colonial Club Inc ($1.3m), North Woodriver Foundation ($1.3m) and Tiny Tots and Little Tykes Pre-School Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Other salaries and wages came to $773k. At year end it held assets of $2.5m against liabilities of $1.7m, net assets of $845k. It reported 62 employees.