Eastern Arizona College Foundation

Analysis

Eastern Arizona College Foundation is a registered charity in United States, based in Thatcher, AZ. It received its IRS tax-exemption ruling in July 1969, 57 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Eastern Arizona College Foundation reported income of $2.8m and spending of $1.0m, leaving 64% of income unspent that year. Across the 5 years on record, from June 2019 to June 2024, income grew from $1.1m to $2.8m (+166%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 5916%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eastern Arizona College Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include The Center for Empowerment and Education Inc ($2.8m), Coastal Roots Farm ($2.8m) and David Emanuel Academy Inc ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $146k (14% of expenses). Other salaries and wages came to $121k. At year end it held assets of $12.3m against liabilities of $83k, net assets of $12.2m. It reported 3 employees.