Community Foundation of the San Luis Valley

Analysis

Community Foundation of the San Luis Valley is a registered charity in United States, based in Alamosa, CO. It received its IRS tax-exemption ruling in December 1987, 39 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, Community Foundation of the San Luis Valley reported income of $581k and spending of $261k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $581k (+812%), an average of +812% a year. The sharpest change came in the year to December 2023, when income rose by 812%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of the San Luis Valley sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Lions Heart ($581k), Celebrity Games for Charity ($581k) and Community Foundation of Crawford County Inc ($580k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $67k (26% of expenses). Other salaries and wages came to $7,250. At year end it held assets of $409k against liabilities of $4,694, net assets of $404k. It reported 1 employees.