The Arizona Senior Academy

Analysis

The Arizona Senior Academy is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Arizona Senior Academy reported income of $296k and spending of $273k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $296k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arizona Senior Academy sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within AZ. Charities of a similar size with the same main cause include Black Township Fire & Rescue Inc ($296k), Sumner Athletic Booster Club ($297k) and The Library Foundation Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.4% of the total. Other salaries and wages came to $47k. At year end it held assets of $1.1m against liabilities of $2,820, net assets of $1.1m. It reported 1 employees.