The Garuna Foundation

Analysis

The Garuna Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2024, The Garuna Foundation reported income of $1.5m and spending of $1.0m, leaving 31% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $886k to $1.5m (+71%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Garuna Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within AZ. Charities of a similar size with the same main cause include Young Mens Christian Association ($1.5m), Saahas for Cause ($1.5m) and Nyack Center ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $94k (9.0% of expenses). Other salaries and wages came to $122k. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m. It reported 2 employees.