Arizona School Choice Administration Corporation
Analysis
Arizona School Choice Administration Corporation is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Arizona School Choice Administration Corporation reported income of $278k and spending of $813k, spending 292% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $265k to $278k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 255% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arizona School Choice Administration Corporation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within AZ. Charities of a similar size with the same main cause include Bsu Ministry for Tomorrows Leaders Inc ($278k), Jyothi Corp ($278k) and Chula Vista Rotary Foundation ($278k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $125k (15% of expenses). Other salaries and wages came to $404k. At year end it held assets of $22k against liabilities of $2.5m, net assets of -$2.5m. It reported 5 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bsu Ministry for Tomorrows Leaders Inc | Columbia | $278k |
| Jyothi Corp | Fort Wayne | $278k |
| Chula Vista Rotary Foundation | Bonita | $278k |
| Live for Evan | Natick | $279k |