Los Charros Foundation Inc

Analysis

Los Charros Foundation Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, Los Charros Foundation Inc reported income of $380k and spending of $157k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $380k (+157%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 39% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Los Charros Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include Sauk Rapids Youth Hockey Inc ($380k), Foundation for Cancer Care in Tanzania ($381k) and St Vincent de Paul Society of Anapolis Inc ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $26k (17% of expenses). At year end it held assets of $953k against liabilities of $1,500, net assets of $951k.