Tanques Verde Cowboys Inc

Analysis

Tanques Verde Cowboys Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in February 2013, 13 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 2022, Tanques Verde Cowboys Inc reported income of $83k and spending of $77k, spending 93% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $60k to $83k (+37%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tanques Verde Cowboys Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within AZ. Charities of a similar size with the same main cause include Ashland Devo ($83k), American Youth Football Inc ($83k) and Santa Barbara County Trails Council ($83k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 17% and program service revenue 65% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.