The Salopek Foundation

Analysis

The Salopek Foundation is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in July 2002, 24 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Salopek Foundation reported income of $497k and spending of $915k, spending 184% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $947k to $497k (-48%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 132%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Salopek Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NM. Charities of a similar size with the same main cause include The Shearim USA Charitable Trust ($497k), Fifth C Foundation Inc ($497k) and Gifts to Give Inc ($497k).

At year end it held assets of $14.9m against liabilities of $3.0m, net assets of $12.0m.