Equality Arizona Foundation

Analysis

Equality Arizona Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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, Equality Arizona Foundation reported income of $85k and spending of $61k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $240k to $85k (-65%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Equality Arizona Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within AZ. Charities of a similar size with the same main cause include Arkansas Science Fair Assoc Inc ($85k), Lamorinda Arts Council ($85k) and Little League Baseball Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $18k against liabilities of $119k, net assets of -$101k.