Financials

Financials 2017-12-13T23:18:07+00:00

State of Arizona Reporting Disclosure
Arizona’s Catholic Tuition Support Organization

Website Reporting Requirements–(A.R.S. 43-1603) Fiscal Year 2016/2017

Students eligible for free or reduced-price lunches by tax credit programs (family income up to 185% of poverty level):

Corporate Income Tax Credit Program

  • 58% for a total of $2,510,262

Disabled/Displaced Corporate Income Tax Credit Program

  • 51% for a total of $92,313

Original Income Tax Credit Program

  • 38% for a total of $1,478,401

Switcher Income Tax Credit Program

  • 56% for a total of $1,228,116

Students whose family income exceed the threshold for free or reduced lunches but do not exceed 185% of the eligibility requirements by tax credit programs (family income from 185% of poverty level to 342.25% of poverty level):

Corporate Income Tax Credit Program

  • 42% for a total of $1,822,274

Disabled/Displaced Corporate Income Tax Credit Program

  • 16% for a total of $28,582

Original Income Tax Credit Program

  • 19% for a total of $739,484

Switcher Income Tax Credit Program

  • 28% for a total of $620,595

Arizona’s CTSO Annual Report for 2016-17