Financials

Financials2018-09-25T00:36:19+00:00

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

Website Reporting Requirements–(A.R.S. 43-1603) Fiscal Year 2017/2018

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

  • 60% for a total of $3,236,872

Disabled/Displaced Corporate Income Tax Credit Program

  • 43% for a total of $97,964

Original Income Tax Credit Program

  • 42% for a total of $1,818,681

Switcher Income Tax Credit Program

  • 51% for a total of $1,249,431

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

  • 40% for a total of $2,115,793

Disabled/Displaced Corporate Income Tax Credit Program

  • 34% for a total of $77,783

Original Income Tax Credit Program

  • 20% for a total of $894,794

Switcher Income Tax Credit Program

  • 26% for a total of $628,518

Arizona’s CTSO Annual Report for 2016-17