Alhambra Foundation for the Future

Analysis

Alhambra Foundation for the Future is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Alhambra Foundation for the Future reported income of $123k and spending of $36k, leaving 71% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $74k to $123k (+66%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 4363%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alhambra Foundation for the Future sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within AZ. Charities of a similar size with the same main cause include Wenatchee Rotary Foundation Inc ($123k), Manzanita Family Faculty Organization ($123k) and Association of South Carolina Oncology Managers Inc ($123k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.