Poverello House of Tucson

Analysis

Poverello House of Tucson is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2024, Poverello House of Tucson reported income of $181k and spending of $31k, leaving 83% of income unspent that year. Across the 3 years on record, from August 2022 to August 2024, income fell from $396k to $181k (-54%), an average of -32% a year. The sharpest change came in the year to August 2023, when income dropped by 64%. Over the whole period it spent 31% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Poverello House of Tucson sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within AZ. Charities of a similar size with the same main cause include Sam Davis Memorial Assn ($181k), Be Kind Project Inc ($181k) and Texas Healthy at Home ($181k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $153. At year end it held assets of $821k against liabilities of $0, net assets of $821k.