Arizona School Choice Trust Inc

Analysis

Arizona School Choice Trust Inc is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in July 1997, 29 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 June 2023, Arizona School Choice Trust Inc reported income of $2.5m and spending of $1.8m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $2.5m (+9.7%), an average of +2.3% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 109% 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 School Choice Trust Inc 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 88th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include Shelton Academy Education Foundation ($2.5m), United Way of Yellowstone County Inc ($2.5m) and Houston Immigration Legal Services Collaborative ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.