Iranian American Society of Arizona Inc

Analysis

Iranian American Society of Arizona Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Iranian American Society of Arizona Inc reported income of $79k and spending of $101k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $79k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Iranian American Society of Arizona Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within AZ. Charities of a similar size with the same main cause include Jemison-Van de Graaff Mansion Foundation ($79k), Southern Michigan Railroad Society Inc ($79k) and Childrens Museum of Klamath Falls ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $220k against liabilities of $0, net assets of $220k.