Salinas Valley Fair Heritage Foundation Inc

Analysis

Salinas Valley Fair Heritage Foundation Inc is a registered charity in United States, based in King City, CA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Salinas Valley Fair Heritage Foundation Inc reported income of $527k and spending of $968k, spending 184% of what it took in. Across the 5 years on record, from July 2020 to December 2023, income grew from $122k to $527k (+331%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 6503%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Salinas Valley Fair Heritage Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Capital City Juniors Inc ($527k), Hurricane Club ($527k) and Southern California Aquatic Masters Swimming Club ($527k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 36% of the total. At year end it held assets of $708k against liabilities of $0, net assets of $708k.