San Marcos Community Foundation

Analysis

San Marcos Community Foundation is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in January 1991, 35 years ago. 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 June 2024, San Marcos Community Foundation reported income of $50k and spending of $76k, spending 153% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $69k to $50k (-27%), an average of -6.1% a year. The sharpest change came in the year to June 2022, when income rose by 86%. Over the whole period it spent 138% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Marcos Community Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include Steelwheelers Inc ($50k), Hudson Community Service Association ($50k) and PTA Texas Congress ($50k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.0% of the total. At year end it held assets of $1.3m against liabilities of $180, net assets of $1.3m.