Arizona Forward Association

Analysis

Arizona Forward Association is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1972, 54 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Arizona Forward Association reported income of $733k and spending of $685k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $563k to $733k (+30%), an average of +6.8% a year. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arizona Forward Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Skills Inc ($733k), Center for Economic Opportunity and Belonging ($733k) and Sun Country Golf Association-Inc ($732k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $154k (23% of expenses). Other salaries and wages came to $157k. At year end it held assets of $570k against liabilities of $174k, net assets of $397k. It reported 9 employees.