Northwestern Arizona Regionalinsurance Company

Analysis

Northwestern Arizona Regionalinsurance Company is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northwestern Arizona Regionalinsurance Company reported income of $2.6m and spending of $1.1m, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.8m to $2.6m (-6.3%), an average of -1.6% a year. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northwestern Arizona Regionalinsurance Company sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include California Planned Parenthood Education Fund Incorporated ($2.6m), Moreau Emergency Squad Inc ($2.6m) and Positive Action Against Chemical Addiction Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 75% of the total. At year end it held assets of $16.9m against liabilities of $5.7m, net assets of $11.2m.