Arizona Food & Drug Industry Education Foundation

Analysis

Arizona Food & Drug Industry Education Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1998, 28 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 December 2023, Arizona Food & Drug Industry Education Foundation reported income of $570k and spending of $257k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $570k (+147%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 300%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arizona Food & Drug Industry Education Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include Shumei International Institute Inc ($570k), University of Tasmania Foundationusa ($570k) and Acfe Foundation ($570k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.4m against liabilities of $1,500, net assets of $1.4m.