Arizona Agribusiness & Equine Center

Analysis

Arizona Agribusiness & Equine Center is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arizona Agribusiness & Equine Center reported income of $19.2m and spending of $16.9m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.3m to $19.2m (+25%), an average of +5.7% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arizona Agribusiness & Equine Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Seattle Country Day School ($19.1m), Shining Hope for Communities Inc ($19.2m) and Wright State University Foundation Inc ($19.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $202k (1.2% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $44.6m against liabilities of $35.7m, net assets of $8.9m. It reported 139 employees.