Azaging Inc

Analysis

Azaging Inc is a registered charity in United States, based in Casa Grande, AZ. It received its IRS tax-exemption ruling in December 2019, 7 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 2023, Azaging Inc reported income of $187k and spending of $182k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $119k to $187k (+57%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 212%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Azaging Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within AZ. Charities of a similar size with the same main cause include Wayne Township Pantry and Senior Services NFP ($187k), Giving Gardens Inc ($187k) and Centro de Servicios Maria de Los Angeles Inc ($187k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $242k against liabilities of $0, net assets of $242k.