Az-1 Inc

Analysis

Az-1 Inc is a registered charity in United States, based in Clarks Grove, MN. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Az-1 Inc reported income of $84k and spending of $47k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $84k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Az-1 Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Greg Lindmark Foundation ($84k), Cans for Kids Inc ($84k) and Holy Souls Ministry ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.