Southern Arizona Watercolor Guild Inc

Analysis

Southern Arizona Watercolor Guild Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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, Southern Arizona Watercolor Guild Inc reported income of $116k and spending of $107k, spending 92% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $122k to $116k (-4.4%), an average of -4.4% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Arizona Watercolor Guild Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within AZ. Charities of a similar size with the same main cause include Trout Unlimted ($116k), Alpine Artisans Inc ($116k) and Birmingham Rotary Club Endowment Fund Inc ($116k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 18% and program service revenue 49% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.