Audit USA

Analysis

Audit USA is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 December 2023, Audit USA reported income of $74k and spending of $119k, spending 161% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $318k to $74k (-77%), an average of -39% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Audit USA sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within AZ. Charities of a similar size with the same main cause include KN Consultants Ltd ($74k), Capital Area Science and Engineering Fair ($74k) and Polymnia Choral Society Inc ($74k).

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 $20k against liabilities of $7,503, net assets of $13k.