Santa Fe College Foundation Inc

Analysis

Santa Fe College Foundation Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in April 1970, 56 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 College Foundation Inc reported income of $12.1m and spending of $4.3m, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $12.1m (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 477%. Over the whole period it spent 18% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Fe College Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Eastern Idaho Community Action Partnership Inc ($12.1m), Boys & Girls Clubs of Greater Salt Lake ($12.1m) and Public Health Foundation ($12.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 2.2% of the total. At year end it held assets of $115.7m against liabilities of $3.0m, net assets of $112.7m.