Arizona Western College Foundation

Analysis

Arizona Western College Foundation is a registered charity in United States, based in Yuma, AZ. It received its IRS tax-exemption ruling in May 1964, 62 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 2024, Arizona Western College Foundation reported income of $2.1m and spending of $1.2m, leaving 40% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $411k to $2.1m (+402%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 384%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arizona Western College Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within AZ. Charities of a similar size with the same main cause include Chorus of Westerly ($2.1m), Paul E Tsika Ministries Inc ($2.1m) and Confidential Help for Alcohol and Drug Inc ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $223k (18% of expenses). Other salaries and wages came to $279k. At year end it held assets of $7.6m against liabilities of $62k, net assets of $7.6m.