San Juan College Foundation

Analysis

San Juan College Foundation is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, San Juan College Foundation reported income of $3.6m and spending of $3.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $3.6m (+257%), an average of +38% a year. The sharpest change came in the year to June 2021, when income rose by 454%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Juan College Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NM. Charities of a similar size with the same main cause include John Paul II High School Inc ($3.6m), Massachusetts Biotechnology Education Foundation Inc ($3.6m) and National Association of Charter School Authorizers ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $116k (3.2% of expenses). Other salaries and wages came to $252k. At year end it held assets of $30.2m against liabilities of $851k, net assets of $29.4m. It reported 4 employees.