CATHOLIC EDUCATION ARIZONA
Mission Statement
The mission of Catholic Education Arizona is to make it possible for underserved families in Arizona to provide a quality, Catholic education for their children. Through support of the tax credit, every child has equal opportunity to pursue an education that allows them to reach their highest potential. Our organization provides both individual and corporate Arizona taxpayers the opportunity to choose what their tax dollars support. 99.8% of our students graduate and additionally, 96% matriculate to advanced education or enter military service. Catholic Education Arizona and Arizona taxpayers work together investing the Arizona’s economy and the education of the next generation.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
87.9% | 84.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.2% | 13.6% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.9% | 0.5% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.7 mo | 10.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
80.5% | 32.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.3% | 88.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-18.2% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-15.9% | 5.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.6% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $20.2M | $19.1M | $7.5M | 87.9% | 14 |
| 2024 | $24.7M | $22.7M | $6.3M | 91.7% | 14 |
| 2023 | $25.8M | $24.3M | $4.2M | 93.0% | 12 |
| 2022 | $24.5M | $23.9M | $2.7M | 94.1% | 9 |
| 2021 | $43.0M | $21.1M | N/A | — | 11 |
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