Azcend

Analysis

Azcend is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in July 1984, 42 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, Azcend reported income of $5.8m and spending of $6.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $5.8m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 111%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Azcend sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Family Counseling Service of Aurora ($5.8m), Washington Regional Medical Foundation ($5.8m) and Coastal Harvest ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $136k (2.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.8m against liabilities of $480k, net assets of $4.4m. It reported 66 employees.