Greater Phoenix Leadership Foundation

Analysis

Greater Phoenix Leadership Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Greater Phoenix Leadership Foundation reported income of $158k and spending of $170k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $187k to $158k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Phoenix Leadership Foundation 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 48th percentile, and in the 46th percentile within AZ. Charities of a similar size with the same main cause include Rifle Economic Development Corporation ($158k), Sidney Tourism Business Improvement District Inc ($158k) and Audubon Partnership for Economic Development Local Dev Corporation ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.