Conrad Foundation

Analysis

Conrad Foundation is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Conrad Foundation reported income of $530k and spending of $414k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $850k to $530k (-38%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Conrad Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NM. Charities of a similar size with the same main cause include Career Girls ($530k), Hope Montessori School - the Woodlands ($530k) and Sherman Library Association Inc ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. It paid $3,750 in professional fundraising fees. At year end it held assets of $340k against liabilities of $11k, net assets of $329k.