Finishing Trades Institute of Arizona

Analysis

Finishing Trades Institute of Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2016, 10 years ago. 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 May 2023, Finishing Trades Institute of Arizona reported income of $370k and spending of $335k, spending 91% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $457k to $370k (-19%), an average of -5.2% a year. The sharpest change came in the year to May 2023, when income rose by 18%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Finishing Trades Institute of Arizona sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within AZ. Charities of a similar size with the same main cause include Ramgarhia Sabha Los Angeles Inc ($370k), Weber Human Services Foundation ($370k) and Board of Regents Southwestern Indian Polytechnic Institute ($370k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $175k. At year end it held assets of $951k against liabilities of $91k, net assets of $860k. It reported 6 employees.