Santa Fe Preparatory School

Analysis

Santa Fe Preparatory School is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in September 1963, 63 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Santa Fe Preparatory School reported income of $15.2m and spending of $19.7m, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $29.2m to $15.2m (-48%), an average of -15% a year. The sharpest change came in the year to June 2021, when income rose by 143%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Santa Fe Preparatory School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within NM. Charities of a similar size with the same main cause include Kipp Kansas City ($15.2m), Towson University Foundation Inc ($15.2m) and Latinos Salud Inc ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $693k (3.5% of expenses). Other salaries and wages came to $5.0m. It paid $97k in professional fundraising fees. At year end it held assets of $73.0m against liabilities of $23.5m, net assets of $49.5m. It reported 184 employees.