Tucson Soaring Club Inc

Analysis

Tucson Soaring Club Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 1971, 55 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tucson Soaring Club Inc reported income of $310k and spending of $300k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $318k to $310k (-2.4%), an average of -1.2% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tucson Soaring Club Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Dragon Touchdown Club ($310k), Handicapped High Riders Club ($310k) and Sonoma Valley Youth Soccer ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. At year end it held assets of $466k against liabilities of $7,241, net assets of $459k.