Arizonas Catholic Tuition Support Organization

Analysis

Arizonas Catholic Tuition Support Organization is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Arizonas Catholic Tuition Support Organization reported income of $11.7m and spending of $11.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.5m to $11.7m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arizonas Catholic Tuition Support Organization 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 96th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include Imperial Valley Food Bank ($11.7m), Surplus Lines Stamping Office of Texas ($11.7m) and Avery Coonley School ($11.7m).

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 $136k (1.2% of expenses). Other salaries and wages came to $101k. At year end it held assets of $21.0m against liabilities of $30k, net assets of $20.9m. It reported 5 employees.