San Juan Open Foundation

Analysis

San Juan Open Foundation is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in June 2006, 20 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 September 2023, San Juan Open Foundation reported income of $209k and spending of $155k, leaving 26% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $119k to $209k (+76%), an average of +21% a year. The sharpest change came in the year to September 2021, when income rose by 73%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, San Juan Open Foundation 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 52nd percentile within NM. Charities of a similar size with the same main cause include United Way of Hays County ($209k), Charlotte Knights Charities Inc ($209k) and Halff Community Initiative ($209k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 71% and program service revenue 27% of the total. At year end it held assets of $250k against liabilities of $0, net assets of $250k.