Academic Opportunity of Arizona

Analysis

Academic Opportunity of Arizona is a registered charity in United States, based in Phoenix, 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 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, Academic Opportunity of Arizona reported income of $4.4m and spending of $4.7m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $534k to $4.4m (+728%), an average of +70% a year. The sharpest change came in the year to June 2020, when income rose by 217%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academic Opportunity of Arizona sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include National Academies of Emergency Dispatch ($4.4m), Whitehall Preparatory and Fitness Academy ($4.4m) and Read to Them Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $129k (2.7% of expenses). Other salaries and wages came to $165k. It paid $74k in professional fundraising fees. At year end it held assets of $4.8m against liabilities of $3,555, net assets of $4.8m. It reported 4 employees.