Pink Phoenix Dragon Boat Team

Analysis

Pink Phoenix Dragon Boat Team is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Pink Phoenix Dragon Boat Team reported income of $65k and spending of $105k, spending 163% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $65k (-21%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 129% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pink Phoenix Dragon Boat Team sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within OR. Charities of a similar size with the same main cause include Bit by Bit ($65k), Alcoholics Anonymous Cedar Park Hope Group ($65k) and Camel Club Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.