Tucson Ministries Inc

Analysis

Tucson Ministries Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Tucson Ministries Inc reported income of $738k and spending of $790k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $878k to $738k (-16%), an average of -4.2% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tucson Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Main Street Housing Inc ($738k), North Haven Sustainable Housing ($738k) and Delno Terrace Inc ($737k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $123k against liabilities of $37k, net assets of $87k.

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.