Santa Teresa Charitable Foundation

Analysis

Santa Teresa Charitable Foundation is a registered charity in United States, based in Santa Teresa, NM. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Teresa Charitable Foundation reported income of $124k and spending of $113k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $297k to $124k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Santa Teresa Charitable Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within NM. Charities of a similar size with the same main cause include American Initiative for Education in India Inc ($124k), Capitan Public Library Volunteers ($124k) and Oak Meadow PTO ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $217k against liabilities of $11k, net assets of $207k.