Gila Community and Tourism Development Inc

Analysis

Gila Community and Tourism Development Inc is a registered charity in United States, based in Silver City, NM. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Gila Community and Tourism Development Inc reported income of $119k and spending of $31k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $119k (+441%), an average of +441% a year. The sharpest change came in the year to December 2023, when income rose by 441%. Over the whole period it spent 23% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gila Community and Tourism Development Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within NM. Charities of a similar size with the same main cause include Ecologists Without Borders ($119k), Affirm Cares ($119k) and Life Development Foundation ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.