Tanque Verde Extended Care Program

Analysis

Tanque Verde Extended Care Program is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2024, Tanque Verde Extended Care Program reported income of $368k and spending of $333k, spending 91% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $316k to $368k (+16%), an average of +3.8% a year. The sharpest change came in the year to May 2022, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tanque Verde Extended Care Program sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within AZ. Charities of a similar size with the same main cause include Tot-Lot Child Care Inc ($368k), Last Minute Toy Store ($368k) and His Little Feet Inc ($368k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $73k (22% of expenses). Other salaries and wages came to $187k. At year end it held assets of $460k against liabilities of -$19, net assets of $460k. It reported 17 employees.