Phoenix Ministries 3 Inc
Only null% goes to programs Strong reserves Growing revenue
Phoenix Ministries 3 Inc is a 501(c)(3) organization based in Denver, Colorado, registered in 2016, with $873,462 in FY2024 revenue. CharityIndex grades it C+.
1600 Broadway Ste 2000, Denver, CO, 80202 EIN 47-5217326 Since 2016
Revenue (FY2024)
$873K
▲ 8.4% vs prior year
Housing median: $408K
Expenses (FY2024)
$849K
Net assets
$3.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Phoenix Ministries 3 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating51 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Phoenix Ministries 3 Inc: 51 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Phoenix Ministries 3 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Phoenix Ministries 3 Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1600 Broadway Ste 2000, Denver, CO, 80202
- City
- Denver
- State
- Colorado
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue declined from $4.0M (FY2015) to $873K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.9MNet assets $3.6M
Operating margin
2.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.5M
Total liabilities
$2.9M
Net assets
$3.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $873,462▲8.4% | $849,280▼2.9% | $3,596,688▲0.2% | $6,470,098▼0.8% | 990 |
| 2023 | $805,826▲1.6% | $875,030▼4.0% | $3,588,736▼2.1% | $6,519,439▼1.5% | 990 |
| 2022 | $793,148▲6.5% | $911,177▲0.9% | $3,666,339▼3.4% | $6,621,215▼2.3% | 990 |
| 2021 | $744,802▼0.1% | $903,488▲12.4% | $3,794,246▼4.0% | $6,773,678▼2.9% | 990 |
| 2020 | $745,543▲2.9% | $803,804▲4.6% | $3,952,932▼1.5% | $6,977,951▼1.8% | 990 |
| 2019 | $724,682▼2.4% | $768,539▼5.0% | $4,011,193▼2.0% | $7,107,793▼2.4% | 990 |
| 2018 | $742,123▼7.0% | $809,061▲42.0% | $4,091,366▼1.7% | $7,282,701▼4.9% | 990 |
| 2016 | $797,606▼80.1% | $569,606▲1007% | $4,161,823▲5.0% | $7,658,523▲6.1% | 990 |
| 2015 | $4,016,675 | $51,462 | $3,965,213 | $7,219,961 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Phoenix Ministries 3 Inc a legitimate nonprofit?
- Yes. Phoenix Ministries 3 Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-5217326, based in Denver, Colorado. Donations are tax-deductible.
- What is Phoenix Ministries 3 Inc's EIN?
- Phoenix Ministries 3 Inc's Employer Identification Number (EIN) is 47-5217326.
- How much revenue does Phoenix Ministries 3 Inc report?
- Phoenix Ministries 3 Inc reported $873,462 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Phoenix Ministries 3 Inc have?
- CharityIndex grades Phoenix Ministries 3 Inc C+, based on financial health (reserves and operating margin).
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Data for Phoenix Ministries 3 Inc (EIN 47-5217326) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.