Educare Arizona

Analysis

Educare Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Educare Arizona reported income of $354k and spending of $595k, spending 168% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $190k to $354k (+86%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 180% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Educare Arizona sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within AZ. Charities of a similar size with the same main cause include Meals-On-Wheels of New Rochelle Inc ($354k), Kind at Heart Ministries Inc ($354k) and Restore Humanity Inc ($353k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $7.5m against liabilities of $32k, net assets of $7.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.