Phare Warrior

Analysis

Phare Warrior is a registered charity in United States, based in Westfield, IN. It received its IRS tax-exemption ruling in October 2021, 5 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 December 2023, Phare Warrior reported income of $161k and spending of $248k, spending 153% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $35k to $161k (+361%), an average of +115% a year. The sharpest change came in the year to December 2022, when income rose by 644%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Phare Warrior 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 49th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include Covenant Network of Presbyterians ($161k), Family Life Resources Inc ($161k) and Crestwood Christian Fellowship Inc ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 30% of the total. At year end it held assets of $22k against liabilities of $12k, net assets of $9,631.