Salazar Family Foundation

Analysis

Salazar Family Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Salazar Family Foundation reported income of $6.6m and spending of $1.9m, leaving 72% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.3m to $6.6m (+390%), an average of +49% a year. The sharpest change came in the year to November 2023, when income rose by 3520%. Over the whole period it spent 17% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Salazar Family Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Saint Bernard Academy ($6.6m), Connecticut Rise Network Inc ($6.6m) and Alamance Community School ($6.6m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $55k (2.9% of expenses). Other salaries and wages came to $94k. At year end it held assets of $68.9m against liabilities of $10, net assets of $68.9m. It reported 4 employees.