BBB of Central Arizona Foundation

Analysis

BBB of Central Arizona Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, BBB of Central Arizona Foundation reported income of $239k and spending of $257k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $222k to $239k (+7.5%), an average of +3.7% a year. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, BBB of Central Arizona Foundation sits at the 54th percentile: it is larger than about 54% 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 Warren County Public Facilities Company ($239k), Mental Health America of Fredericksburg Inc ($239k) and 1st Choice Employment Agency ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 117% of the total. Other salaries and wages came to $17k. At year end it held assets of $193k against liabilities of $43k, net assets of $150k.