Santafe Senior Living Inc

Analysis

Santafe Senior Living Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in June 2007, 19 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 supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Santafe Senior Living Inc reported income of $6.8m and spending of $4.1m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $6.8m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Santafe Senior Living Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Sovereign Military Hospitaller Order of St John of Jerusalem of ($6.8m), Hampton Classic Horse Show Inc ($6.8m) and Liberty Ukraine Foundation ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $11.0m against liabilities of $11.6m, net assets of -$626k. It reported 16 employees.