Arizona Tuition Connection Inc
Analysis
Arizona Tuition Connection Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Arizona Tuition Connection Inc reported income of $32.3m and spending of $20.9m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.9m to $32.3m (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 72% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Arizona Tuition Connection Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include Kent Denver Country Day School ($32.3m), Boys Latin School of Maryland Incorporated ($32.3m) and St Bernards School Inc ($32.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $382k (1.8% of expenses). Other salaries and wages came to $856k. At year end it held assets of $56.3m against liabilities of $638k, net assets of $55.7m. It reported 27 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 3.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kent Denver Country Day School | Englewood | $32.3m |
| Boys Latin School of Maryland Incorporated | Baltimore | $32.3m |
| St Bernards School Inc | New York | $32.3m |
| Capital City Public Charter School Inc | Washington | $32.4m |