Tucson Amateur Astronomy Association Incorporated

Analysis

Tucson Amateur Astronomy Association Incorporated is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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 June 2024, Tucson Amateur Astronomy Association Incorporated reported income of $353k and spending of $75k, leaving 79% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $58k to $353k (+513%), an average of +57% a year. The sharpest change came in the year to June 2022, when income rose by 190%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tucson Amateur Astronomy Association Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within AZ. Charities of a similar size with the same main cause include Lake Brownwood Christian Retreat Inc ($353k), The International Association for Psychoanalytic Self Psychology Fun ($353k) and Chugiak Senior Citizens Foundation ($353k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 17% of the total. At year end it held assets of $1.6m against liabilities of $170k, net assets of $1.4m.