Arizona Library Association

Analysis

Arizona Library Association is a registered charity in United States, based in Florence, AZ. It received its IRS tax-exemption ruling in April 1952, 74 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arizona Library Association reported income of $240k and spending of $255k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $168k to $240k (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2022, when income rose by 705%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arizona Library Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within AZ. Charities of a similar size with the same main cause include Little League Baseball Inc ($240k), Exploration Green Conservancy ($240k) and North Star Evangelistc Corp ($240k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $6,400 (2.5% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.