Arizonia Independent Schools Scholarship Foundation

Analysis

Arizonia Independent Schools Scholarship Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Arizonia Independent Schools Scholarship Foundation reported income of $2.1m and spending of $1.9m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.8m to $2.1m (-26%), an average of -5.8% a year. The sharpest change came in the year to June 2020, when income dropped by 15%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arizonia Independent Schools Scholarship Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within AZ. Charities of a similar size with the same main cause include Primary Montessori Day School ($2.1m), United Daughters of the Confederacy ($2.1m) and Mr Hollands Opus Foundation Inc ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $5.3m against liabilities of $1.7m, net assets of $3.5m.