Arizona Watercolor Association

Analysis

Arizona Watercolor Association is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Arizona Watercolor Association reported income of $64k and spending of $45k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $64k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arizona Watercolor Association sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within AZ. Charities of a similar size with the same main cause include Autism Directory Service Inc ($64k), Christians and Jews United Forisrael ($64k) and Oxford Municipal Separate School District Band Boosters ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.