Rio Salado Target Terminators Inc

Analysis

Rio Salado Target Terminators Inc is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Rio Salado Target Terminators Inc reported income of $69k and spending of $69k, spending 101% of its income. Across the 4 years on record, from August 2021 to August 2023, income fell from $119k to $69k (-42%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 110% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Rio Salado Target Terminators Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within AZ. Charities of a similar size with the same main cause include Howl Inc ($69k), Warrenville Athletic Association ($69k) and Leadership Education and Development Inc ($69k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.

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.