Tourism Cares Inc

Analysis

Tourism Cares Inc is a registered charity in United States, based in Canton, MA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Tourism Cares Inc reported income of $1.3m and spending of $1.5m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.3m (-7.7%), an average of -2.0% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 114% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Tourism Cares Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Groundwork Rhode Island ($1.3m), Kentucky Association for Environmental Education ($1.3m) and Grand Traverse Bay Watershed Initiative Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $188k (13% of expenses). Other salaries and wages came to $718k. At year end it held assets of $1.4m against liabilities of $387k, net assets of $1.0m. It reported 11 employees.