The Arizona Charter Schools Association
Analysis
The Arizona Charter Schools Association is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, The Arizona Charter Schools Association reported income of $1.8m and spending of $1.5m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.8m (-5.7%), an average of -1.5% a year. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Arizona Charter Schools Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include Carpinteria Childrens Project ($1.8m), Rise Colorado ($1.8m) and SCSC Inc ($1.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $302k (20% of expenses). Other salaries and wages came to $477k. At year end it held assets of $3.7m against liabilities of $379k, net assets of $3.3m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Program services 9.9%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Carpinteria Childrens Project | Carpinteria | $1.8m |
| Rise Colorado | Aurora | $1.8m |
| SCSC Inc | Lakewood | $1.8m |
| Friends of Nova Classical Academy | Saint Paul | $1.8m |