Arizona Veterans Hall of Fame Society

Analysis

Arizona Veterans Hall of Fame Society is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Arizona Veterans Hall of Fame Society reported income of $1.1m and spending of $44k, leaving 96% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $242k to $1.1m (+337%), an average of +337% a year. The sharpest change came in the year to June 2024, when income rose by 337%. Over the whole period it spent 8.2% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arizona Veterans Hall of Fame Society sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within AZ. Charities of a similar size with the same main cause include State Parks Cultural Arts Board Inc ($1.1m), Christian Home for Children Inc ($1.1m) and Leadership Development Seminars ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 101% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.