Sarsef-Southern Arizona Research Science and Engineering Foundation

Analysis

Sarsef-Southern Arizona Research Science and Engineering Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in November 1999, 27 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, Sarsef-Southern Arizona Research Science and Engineering Foundation reported income of $1.1m and spending of $1.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $865k to $1.1m (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sarsef-Southern Arizona Research Science and Engineering Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Holy Angels Academy Inc ($1.1m), Parents Challenge ($1.1m) and Intercultural Outreach Initiative Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $94k (7.7% of expenses). Other salaries and wages came to $473k. It paid $60k in professional fundraising fees. At year end it held assets of $617k against liabilities of $159k, net assets of $458k. It reported 13 employees.