WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
EXHIBIT 27
Exhibit Number Document
27 Financial Data Schedule
<ARTICLE> 5
<LEGEND>
This schedule contains financial information extracted from the consolidated
balance sheet and the consolidated statement of income filed as part of the
report on Form 10-QSB and is qualified in its entirety by reference to such
report on Form 10-QSB.
</LEGEND>
<CIK> 0000915127
<NAME> PHC, Inc.
<MULTIPLIER> 1
<CURRENCY> US
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> JUN-30-1999
<PERIOD-START> JUL-1-1998
<PERIOD-END> MAR-31-1999
<EXCHANGE-RATE> 1.000
<CASH> 137,949
<SECURITIES> 0
<RECEIVABLES> 9,776,595
<ALLOWANCES> 3,079,521
<INVENTORY> 0
<CURRENT-ASSETS> 8,059,645
<PP&E> 2,458,788
<DEPRECIATION> 946,669
<TOTAL-ASSETS> 16,066,779
<CURRENT-LIABILITIES> 8,498,920
<BONDS> 500,000
<PREFERRED-MANDATORY> 0
<PREFERRED> 9
<COMMON> 62,574
<OTHER-SE> 4,983,450
<TOTAL-LIABILITY-AND-EQUITY> 16,066,779
<SALES> 0
<TOTAL-REVENUES> 14,371,529
<CGS> 0
<TOTAL-COSTS> 14,530,760
<OTHER-EXPENSES> 882,640
<LOSS-PROVISION> 1,419,583
<INTEREST-EXPENSE> 869,199
<INCOME-PRETAX> (613,327)
<INCOME-TAX> 44,635
<INCOME-CONTINUING> (657,962)
<DISCONTINUED> 0
<EXTRAORDINARY> 1,089,076
<CHANGES> 0
<NET-INCOME> 431,114
<EPS-PRIMARY> .08
<EPS-DILUTED> .08