Arizona Center for Afterschool Excellence
Analysis
Arizona Center for Afterschool Excellence is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2001, 25 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, Arizona Center for Afterschool Excellence reported income of $1.0m and spending of $992k, spending 98% of its income. Across the 5 years on record, from September 2019 to June 2023, income grew from $377k to $1.0m (+168%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 295%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Arizona Center for Afterschool Excellence sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within AZ. Charities of a similar size with the same main cause include LC Strong Foundation Inc ($1.0m), Lau Health Foundation Inc ($1.0m) and Fort Worth Pipe Trades Training Center TR ($1.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $177k (18% of expenses). Other salaries and wages came to $254k. At year end it held assets of $1.8m against liabilities of $961k, net assets of $870k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Program services 13%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| LC Strong Foundation Inc | Lebanon | $1.0m |
| Lau Health Foundation Inc | New York | $1.0m |
| Fort Worth Pipe Trades Training Center TR | Fort Worth | $1.0m |
| Rhode Island Manufacturing Institute | Cranston | $1.0m |