Phoenix Parks Foundation

Analysis

Phoenix Parks Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 March 2024, Phoenix Parks Foundation reported income of $204k and spending of $201k, spending 99% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $1,512 to $204k (+13386%), an average of +1061% a year. The sharpest change came in the year to March 2023, when income rose by 46177%. Over the whole period it spent 36% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Phoenix Parks Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within AZ. Charities of a similar size with the same main cause include Power for Life Aquatics ($204k), Beach Cities Youth Lacrosse ($204k) and Mbyc Youth Sailing ($204k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.4m against liabilities of $654k, net assets of $792k.