Santa Fe Educational Services

Analysis

Santa Fe Educational Services is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Santa Fe Educational Services reported income of $774k and spending of $665k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $430k to $774k (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Santa Fe Educational Services 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 76th percentile, and in the 75th percentile within NM. Charities of a similar size with the same main cause include Edina Basketball Association ($774k), Eau Claire Public Schools Foundation Inc ($774k) and Reconnections Education Center ($774k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $78k (12% of expenses). Other salaries and wages came to $277k. At year end it held assets of $724k against liabilities of $3,407, net assets of $721k. It reported 13 employees.