Azleway Inc

Analysis

Azleway Inc is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in June 2003, 23 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, Azleway Inc reported income of $6.4m and spending of $6.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.3m to $6.4m (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Azleway Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Sunshine Afterschool Child Care Inc ($6.4m), Families in Crisis Incorporated ($6.4m) and Mohawk Valley Resource Center for Refugees ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $176k (2.7% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $3.9m against liabilities of $1.9m, net assets of $2.0m. It reported 92 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.