Aztec Shops Ltd

Analysis

Aztec Shops Ltd is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 1953, 73 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Aztec Shops Ltd reported income of $80.8m and spending of $68.1m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $49.1m to $80.8m (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aztec Shops Ltd sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Mount Saint Mary College ($80.8m), Insight Pa Cyber Charter School ($81.0m) and Loomis Institute ($80.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $538k (0.8% of expenses). Other salaries and wages came to $20.8m. At year end it held assets of $157.3m against liabilities of $132.1m, net assets of $25.2m. It reported 1,729 employees.