Carden of Tucson

Analysis

Carden of Tucson is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in May 1982, 44 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Carden of Tucson reported income of $938k and spending of $754k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $851k to $938k (+10%), an average of +2.4% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carden of Tucson sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within AZ. Charities of a similar size with the same main cause include Palatka Retirement Villas Inc ($938k), St Pauls Gardens Housing Developement Fund Company Inc ($938k) and Nanticoke Senior Center Inc ($937k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 55% of the total. Other salaries and wages came to $524k. At year end it held assets of $599k against liabilities of $70k, net assets of $529k. It reported 16 employees.