Arizona Business & Education Coalition

Analysis

Arizona Business & Education Coalition is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Arizona Business & Education Coalition reported income of $904k and spending of $729k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $436k to $904k (+107%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 124%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arizona Business & Education Coalition sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Willows Christian Child Care Center Inc ($904k), Detroit Food & Entrepreneurship Academy ($904k) and Student Partner Alliance a New Jersey Non-Profit Corporation ($904k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $155k (21% of expenses). Other salaries and wages came to $38k. At year end it held assets of $828k against liabilities of $0, net assets of $828k. It reported 2 employees.