Sons of Phoenix Corporation

Analysis

Sons of Phoenix Corporation is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Sons of Phoenix Corporation reported income of $103k and spending of $103k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $103k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sons of Phoenix Corporation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Fast Flicks Inc ($103k), Broome County High School Hockey Association Ltd ($103k) and Medina County Police Activities League ($103k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $46k. At year end it held assets of -$408 against liabilities of $0, net assets of -$408.