Catholic Education Arizona
Analysis
Catholic Education Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Catholic Education Arizona reported income of $25.8m and spending of $24.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.9m to $25.8m (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Catholic Education Arizona sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include Synergy Academies ($25.8m), Forsyth Country Day School Inc ($25.8m) and Capstone Classical Academy ($25.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $324k (1.3% of expenses). Other salaries and wages came to $651k. At year end it held assets of $37.7m against liabilities of $33.5m, net assets of $4.2m. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Synergy Academies | Los Angeles | $25.8m |
| Forsyth Country Day School Inc | Lewisville | $25.8m |
| Capstone Classical Academy | Fargo | $25.8m |
| Independent Colleges of Indiana Inc | Indianapolis | $25.8m |