Spiritual Formation Society of Arizona

Analysis

Spiritual Formation Society of Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spiritual Formation Society of Arizona reported income of $401k and spending of $382k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $305k to $401k (+32%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spiritual Formation Society of Arizona sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include Jesus Cristo El Buen Pastor ($401k), New Wine International ($401k) and Global Missions 365 Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $91k (24% of expenses). Other salaries and wages came to $198k. At year end it held assets of $237k against liabilities of $0, net assets of $237k. It reported 7 employees.