Azulita Project Inc

Analysis

Azulita Project Inc is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in June 2016, 10 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 June 2024, Azulita Project Inc reported income of $57k and spending of $47k, spending 83% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $64k to $57k (-12%), an average of -6.2% a year. The sharpest change came in the year to June 2024, when income dropped by 19%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Azulita Project Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within AZ. Charities of a similar size with the same main cause include Hickman County Cooperative Ministry Inc ($57k), Loaves and Fishes Community Food Pantry Inc ($57k) and Empowherment Inc ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $75k against liabilities of $17k, net assets of $58k.