San Antonio Area Foundation Group Return

Analysis

San Antonio Area Foundation Group Return is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 2002, 24 years ago. 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, San Antonio Area Foundation Group Return reported income of $14.1m and spending of $9.1m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $17.9m to $14.1m (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2023, when income rose by 159%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Antonio Area Foundation Group Return sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Supportworks Housing ($14.1m), Qsource ($14.2m) and Life Teen Inc ($14.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $743k (8.2% of expenses). Other salaries and wages came to $442k. At year end it held assets of $43.1m against liabilities of $421k, net assets of $42.7m. It reported 12 employees.