Southern Arizona Preschool Foundation

Analysis

Southern Arizona Preschool Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in March 1990, 36 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 December 2023, Southern Arizona Preschool Foundation reported income of $751k and spending of $540k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $513k to $751k (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 61%. 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, Southern Arizona Preschool Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Indiana Elks Charities Inc ($751k), Women for Economic and Leadership Development ($751k) and Hope Haven Industries Inc ($751k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $109k (20% of expenses). Other salaries and wages came to $302k. At year end it held assets of $631k against liabilities of $0, net assets of $631k. It reported 18 employees.