Arizona Goodwill Education Services

Analysis

Arizona Goodwill Education Services is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arizona Goodwill Education Services reported income of $4.8m and spending of $3.5m, leaving 26% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $2.0m to $4.8m (+135%), an average of +135% a year. The sharpest change came in the year to June 2023, when income rose by 135%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arizona Goodwill Education Services sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within AZ. Charities of a similar size with the same main cause include Connected Lane County ($4.8m), Highline College Foundation ($4.8m) and Promontory School of Expeditionary Learning ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $7.4m against liabilities of $5.2m, net assets of $2.2m.