Santa Fe Community College Foundation

Analysis

Santa Fe Community College Foundation is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Santa Fe Community College Foundation reported income of $5.7m and spending of $1.8m, leaving 69% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $5.7m (+239%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 122%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Santa Fe Community College Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NM. Charities of a similar size with the same main cause include Friendship Academy of the Arts ($5.7m), Colorado Mesa University Real Estate Foundation ($5.7m) and Anser of Idaho Inc ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $277k. At year end it held assets of $16.3m against liabilities of $0, net assets of $16.3m.