Secca Foundation

Analysis

Secca Foundation is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in August 1962, 64 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Secca Foundation reported income of $1.1m and spending of $1.3m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $707k to $1.1m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Secca Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Sun Valley Film Festival Inc ($1.1m), Capitol Civic Center Inc ($1.1m) and Alliance for Global Water Adaptation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 3.5% of the total. Other salaries and wages came to $354k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 10 employees.