Arizona Cardinals Foundation

Analysis

Arizona Cardinals Foundation is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 January 2024, Arizona Cardinals Foundation reported income of $2.1m and spending of $2.4m, spending 112% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $2.0m to $2.1m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to January 2022, when income rose by 42%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arizona Cardinals Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within AZ. Charities of a similar size with the same main cause include Streams in the Desert Foundation Inc ($2.1m), Ashurst Perkins Coie Foundation ($2.1m) and Holocaust Museum Houston Foundation ($2.1m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 50% of the total. At year end it held assets of $4.5m against liabilities of $1.6m, net assets of $2.9m.