Healing Arizona Veterans

Analysis

Healing Arizona Veterans is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 2017, 9 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, Healing Arizona Veterans reported income of $472k and spending of $756k, spending 160% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $570k to $472k (-17%), an average of -6.1% a year. The sharpest change came in the year to December 2021, when income rose by 140%. 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, Healing Arizona Veterans sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within AZ. Charities of a similar size with the same main cause include Redbud Financial Alternatives Inc ($472k), Live Oak Seniors Inc ($472k) and Martin Luther King Multi-Purpose Center ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.