Somanli American United Council of Arizona

Analysis

Somanli American United Council of Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Somanli American United Council of Arizona reported income of $703k and spending of $778k, spending 111% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $493k to $703k (+42%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Somanli American United Council of Arizona sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AZ. Charities of a similar size with the same main cause include Crawford County Land Reutilization Corporation ($702k), Indiana Association for Community Economic Development Inc ($703k) and Neighborhood Housing Services of Duluth Inc ($702k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $651k. At year end it held assets of $112k against liabilities of $0, net assets of $112k.