Arizona Private Education Scholarship Fund Inc

Analysis

Arizona Private Education Scholarship Fund Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in July 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 2024, Arizona Private Education Scholarship Fund Inc reported income of $7.1m and spending of $5.7m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $7.6m to $7.1m (-6.2%), an average of -1.6% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. 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 Private Education Scholarship Fund Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Auc Consortium Inc ($7.1m), Vertus Charter School ($7.1m) and Northern Light School ($7.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $113k (2.0% of expenses). Other salaries and wages came to $136k. At year end it held assets of $7.0m against liabilities of $2,747, net assets of $7.0m. It reported 5 employees.