The Arizona Episcopal Schools Foundation

Analysis

The Arizona Episcopal Schools Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in May 2000, 26 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, The Arizona Episcopal Schools Foundation reported income of $1.3m and spending of $1.7m, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $1.3m (-29%), an average of -8.3% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Arizona Episcopal Schools Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within AZ. Charities of a similar size with the same main cause include Catching the Dream Learning Center ($1.3m), Islamic Academy of Burlington County ($1.3m) and E D P School of Computer Programing ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.

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.