San Antonio Area Foundation

Analysis

San Antonio Area Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, San Antonio Area Foundation reported income of $5.2m and spending of $1.9m, leaving 63% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $6.8m to $5.2m (-23%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 27% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, San Antonio Area Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Acts Legacy Foundation Inc ($5.2m), Central Kansas Community Foundation ($5.2m) and Knights of Columbus Charities USA Inc ($5.2m).

Compensation of current officers, directors and key employees was $64k (3.3% of expenses). Other salaries and wages came to $451k. At year end it held assets of $94.4m against liabilities of $75k, net assets of $94.3m.