Sonoran University of Health Sciences

Analysis

Sonoran University of Health Sciences is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in October 1992, 34 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 September 2023, Sonoran University of Health Sciences reported income of $20.2m and spending of $20.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $17.7m to $20.2m (+14%), an average of +3.3% a year. The sharpest change came in the year to September 2021, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sonoran University of Health Sciences sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Congressional School Inc ($20.2m), Parents in Training Inc ($20.2m) and Woodhaven Learning Center ($20.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $597k (2.9% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $27.6m against liabilities of $13.3m, net assets of $14.2m. It reported 401 employees.