Pete C Garcia Victoria Foundation Inc

Analysis

Pete C Garcia Victoria Foundation Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 1971, 55 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2024, Pete C Garcia Victoria Foundation Inc reported income of $163k and spending of $179k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income fell from $188k to $163k (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2023, when income rose by 70%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pete C Garcia Victoria Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within AZ. Charities of a similar size with the same main cause include Wisconsin Dermatological Society Inc ($163k), Little League Baseball Inc ($163k) and The International Network of Resource Information Centers ($163k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,103 against liabilities of $3,165, net assets of $4,938.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.