Social Venture Partners Tucson

Analysis

Social Venture Partners Tucson is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in March 2018, 8 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 June 2023, Social Venture Partners Tucson reported income of $1.1m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $421k to $1.1m (+172%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Social Venture Partners Tucson sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include United Way of Morgan County ($1.1m), Five for the Fight Foundation ($1.1m) and Atl TR ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $145k (12% of expenses). Other salaries and wages came to $378k. At year end it held assets of $381k against liabilities of $33k, net assets of $349k. It reported 8 employees.