Santa Fe Communications Inc

Analysis

Santa Fe Communications Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in October 2009, 17 years ago. 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, Santa Fe Communications Inc reported income of $16.6m and spending of $6.3m, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $16.6m (+383%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 187%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Fe Communications Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Centro Social LA Esperanza ($16.6m), Ability KC ($16.7m) and Miracles in Sight ($16.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $152k (2.4% of expenses). Other salaries and wages came to $507k. At year end it held assets of $39.8m against liabilities of $303k, net assets of $39.5m. It reported 14 employees.