Online School of Arizona

Analysis

Online School of Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 2021, 5 years ago. 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 2023, Online School of Arizona reported income of $557k and spending of $567k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $551k to $557k (+1.1%), an average of +1.1% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Online School of Arizona sits at the 70th percentile: it is larger than about 70% 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 Cincinnati Teen Challenge Inc ($557k), Heartland Education Community Inc ($557k) and Pittsfield Center Development Corporation ($557k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (16% of expenses). Other salaries and wages came to $31k. At year end it held assets of $383k against liabilities of $695k, net assets of -$312k. It reported 3 employees.