Charro Foundation

Analysis

Charro Foundation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in September 1988, 38 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Charro Foundation reported income of $2.1m and spending of $1.2m, leaving 44% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $2.1m (+98%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 139%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charro Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within AZ. Charities of a similar size with the same main cause include Fort Atkinson Community Foundation ($2.1m), Ashgro Inc ($2.1m) and Together Women Rise ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% of the total. At year end it held assets of $6.3m against liabilities of $22k, net assets of $6.3m.