Phoenix Villa

Analysis

Phoenix Villa is a registered charity in United States, based in Superior, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Phoenix Villa reported income of $3.6m and spending of $3.3m, spending 89% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $3.6m to $3.6m (+1.7%), an average of +0.6% a year. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Phoenix Villa sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Preservingus ($3.6m), Manor Care of Tacoma Wa Association ($3.6m) and Gloucester County Housing Development Corporation ($3.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $690k. At year end it held assets of $6.9m against liabilities of $8.4m, net assets of -$1.5m.