Tucson City of Gastronomy

Analysis

Tucson City of Gastronomy is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Tucson City of Gastronomy reported income of $401k and spending of $408k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $401k (+591%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 476%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tucson City of Gastronomy sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include Latinas Welding Guild Inc ($401k), Tech Exposure & Access Through Mentoring Inc ($401k) and Tioga County Agricultural Association Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $70k (17% of expenses). It paid $1,425 in professional fundraising fees. At year end it held assets of $55k against liabilities of $0, net assets of $55k. It reported 1 employees.