Progressnow Az Institute

Analysis

Progressnow Az Institute is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Progressnow Az Institute reported income of $578k and spending of $48k, leaving 92% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $548k to $578k (+5.5%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 60% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Progressnow Az Institute sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include Heart to Heart International Childrens Medical Alliance ($578k), Imas Home for Children ($578k) and International Physicians for the Prevention of Nuclear War ($577k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $20k. At year end it held assets of $707k against liabilities of $0, net assets of $707k.