Archaeology Southwest

Analysis

Archaeology Southwest is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 1991, 35 years ago. 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, Archaeology Southwest reported income of $3.4m and spending of $2.9m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.4m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Archaeology Southwest sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Wave Aquatics ($3.4m), Valley of Hope Shelter and Recovery Inc ($3.4m) and Veterans Education & Research Assoc of Northern New England Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $247k (8.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $12.4m against liabilities of $1.1m, net assets of $11.3m. It reported 29 employees.