Arizona Matsuri

Analysis

Arizona Matsuri is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 1987, 39 years ago. 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 2024, Arizona Matsuri reported income of $247k and spending of $234k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $176k to $247k (+40%), an average of +40% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arizona Matsuri sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within AZ. Charities of a similar size with the same main cause include Friends of Yaquina Lighthouses ($247k), Lima-Allen County VMCCC Foundation ($247k) and Youth for Christ USA Inc ($247k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.6% and program service revenue 90% of the total. At year end it held assets of $168k against liabilities of $0, net assets of $168k.