Arizona Charter Solutions

Analysis

Arizona Charter Solutions is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Arizona Charter Solutions reported income of $2.9m and spending of $2.4m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.9m (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arizona Charter Solutions sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Ilearn Collaborative ($2.9m), The Philadelphia Academies Inc ($2.9m) and Hope Partnership for Education ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $453k (19% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.0m against liabilities of $483k, net assets of $2.5m. It reported 31 employees.