Alzar School Inc

Analysis

Alzar School Inc is a registered charity in United States, based in Cascade, ID. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Alzar School Inc reported income of $5.3m and spending of $4.6m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.6m to $5.3m (-30%), an average of -8.5% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alzar School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within ID. Charities of a similar size with the same main cause include Greathearts Foundation ($5.3m), Cedar Mill Community Library Association of Washington County ($5.3m) and University Professional & Continuing Education Association ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $338k (7.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $17.0m against liabilities of $3.3m, net assets of $13.6m. It reported 54 employees.