Phoenix Houses of California Inc

Analysis

Phoenix Houses of California Inc is a registered charity in United States, based in Lake View Ter, CA. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Phoenix Houses of California Inc reported income of $16.7m and spending of $15.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $24.1m to $16.7m (-31%), an average of -8.8% a year. The sharpest change came in the year to June 2020, when income dropped by 55%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Phoenix Houses of California Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Able Incorporated ($16.7m), Ahavat Yisroel Humanity Inc ($16.7m) and Village Northwest Unlimited ($16.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $622k (4.0% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $22.8m against liabilities of $2.4m, net assets of $20.4m. It reported 180 employees.