Community Foundation for Southern Arizona

Analysis

Community Foundation for Southern Arizona is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in October 1980, 46 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Community Foundation for Southern Arizona reported income of $18.7m and spending of $15.0m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.4m to $18.7m (+98%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 132%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation for Southern Arizona sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Groundswell Fund ($18.6m), Yellowstone Club Community Foundation ($18.7m) and Families and Communities Rising Inc ($18.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $623k (4.2% of expenses). Other salaries and wages came to $1.2m. It paid $50k in professional fundraising fees. At year end it held assets of $186.3m against liabilities of $12.7m, net assets of $173.5m. It reported 31 employees.