Arizona Opportunities Industrialization Center

Analysis

Arizona Opportunities Industrialization Center is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2022, Arizona Opportunities Industrialization Center reported income of $310k and spending of $431k, spending 139% of what it took in. Across the 4 years on record, from June 2018 to June 2022, income fell from $370k to $310k (-16%), an average of -5.7% a year. The sharpest change came in the year to June 2019, when income rose by 93%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arizona Opportunities Industrialization Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Sporting Clays for Charity Inc ($310k), Richmond Main Street Initiative Inc ($311k) and Partners in Parnosoh Inc ($310k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $103k (24% of expenses). Other salaries and wages came to $178k. At year end it held assets of $350k against liabilities of $65k, net assets of $286k. It reported 6 employees.