PHRF New England uses the following:
BASE HANDICAP
CAPRI 22 FK 201
CAPRI 22 TM 195
CAPRI 22 WK 213
For my SRWK:
racing PHRF = 219 = 213 (base) plus +3 (headsail ≤ 135%) plus +6 (recreational)
cruising PHRF = 228 = 213 (base) plus +3 (headsail ≤ 135%) plus +6 (recreational) plus +6 (cruising - no spinnaker, etc.)
For the past years I have raced under the cruising PHRF.
This year I will use an asymmetric spinnaker. Depending on the bow sprint, my racing PHRF will be changing.
Since I use the PHRF racing as practice sailing to improve my skills, I am less concerned whether the ratings are "perfect".
If I was that finicky, I would race One Design.