Picor Charitable Foundation

Analysis

Picor Charitable Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Picor Charitable Foundation reported income of $168k and spending of $171k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $168k (+15%), an average of +15% a year. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Picor Charitable Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within AZ. Charities of a similar size with the same main cause include Lenawee Chamber Foundation ($168k), Impact Garage ($168k) and Gottlieb Charitable TR ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $4,075 against liabilities of $0, net assets of $4,075.