Arizona Pharmacy Foundation

Analysis

Arizona Pharmacy Foundation is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Arizona Pharmacy Foundation reported income of $50k and spending of $75k, spending 149% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $73k to $50k (-31%), an average of -31% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 137% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arizona Pharmacy Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within AZ. Charities of a similar size with the same main cause include Flying Foot Forum ($50k), Sagtikos Manor Historical Society ($50k) and National Capital Chapter 186 Inc Experimental Aircraft Association ($50k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. At year end it held assets of $159k against liabilities of $11k, net assets of $149k.