Az Cyber Initiative

Analysis

Az Cyber Initiative is a registered charity in United States, based in Nogales, AZ. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Az Cyber Initiative reported income of $293k and spending of $337k, spending 115% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $8,459 to $293k (+3363%), an average of +226% a year. The sharpest change came in the year to December 2021, when income rose by 606%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Az Cyber Initiative sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within AZ. Charities of a similar size with the same main cause include Total Life Community Educational Foundation ($293k), Virginia Alliance for Business Commerce and Communities Foundatio ($293k) and Cwima Opportunity Fund Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $53k. At year end it held assets of $36k against liabilities of $3,917, net assets of $32k.