Arizona Christian University
Analysis
Arizona Christian University is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Arizona Christian University reported income of $39.5m and spending of $44.6m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $45.1m to $39.5m (-12%), an average of -3.3% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Arizona Christian University sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Institute for Shipboard Education ($39.5m), Paul Smiths College of Arts and Sciences ($39.5m) and Shorter University Inc ($39.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $752k (1.7% of expenses). Other salaries and wages came to $9.7m. It paid $40k in professional fundraising fees. At year end it held assets of $60.0m against liabilities of $40.0m, net assets of $19.9m. It reported 435 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.3%
- Program services 90%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Institute for Shipboard Education | Fort Collins | $39.5m |
| Paul Smiths College of Arts and Sciences | Paul Smiths | $39.5m |
| Shorter University Inc | Rome | $39.4m |
| University of Idaho Foundation Inc | Moscow | $39.6m |