Ssfcu Charitable Foundation Inc

Analysis

Ssfcu Charitable Foundation Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in March 2008, 18 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, Ssfcu Charitable Foundation Inc reported income of $216k and spending of $162k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $189k to $216k (+15%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ssfcu Charitable Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Lake County Sheriffs Charities Inc ($216k), Lucky Cat Assistance Fund Inc ($217k) and Hat Club ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.2% of the total. At year end it held assets of $234k against liabilities of $962, net assets of $233k.