Santa Cruz County Fairgrounds Foundation

Analysis

Santa Cruz County Fairgrounds Foundation is a registered charity in United States, based in Freedom, CA. It received its IRS tax-exemption ruling in February 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Santa Cruz County Fairgrounds Foundation reported income of $687k and spending of $586k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $446k to $687k (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Santa Cruz County Fairgrounds Foundation 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 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Emerald Foundation ($687k), Southwest Mississippi Christian Outreach Ministries Inc ($687k) and Hearts & Homes for Youth Foundation Inc ($686k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $71k. At year end it held assets of $1.1m against liabilities of $119k, net assets of $1.0m. It reported 2 employees.