Cultural Sanctuaries Foundation

Analysis

Cultural Sanctuaries Foundation is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cultural Sanctuaries Foundation reported income of $148k and spending of $38k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $18k to $148k (+722%), an average of +722% a year. The sharpest change came in the year to December 2023, when income rose by 722%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cultural Sanctuaries Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within NM. Charities of a similar size with the same main cause include Somos Hispanas Unidas Silverton ($148k), Sharing Hands ($148k) and Street Bean Espresso ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.