Saratoga Historical Foundation Inc

Analysis

Saratoga Historical Foundation Inc is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in February 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Saratoga Historical Foundation Inc reported income of $57k and spending of $188k, spending 330% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $559k to $57k (-90%), an average of -44% a year. The sharpest change came in the year to December 2022, when income rose by 537%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saratoga Historical Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include International Melges 24 Class Association Inc ($57k), PTA California Congress of Parents Teachers & Students Inc ($57k) and National Society of the Daughters of the American Revolution ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% and program service revenue 3.6% of the total. At year end it held assets of $723k against liabilities of $0, net assets of $723k.