Santa Fe Community Foundation

Analysis

Santa Fe Community Foundation is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in November 1982, 44 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, Santa Fe Community Foundation reported income of $19.9m and spending of $15.7m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $23.2m to $19.9m (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Santa Fe Community Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 99th percentile within NM. Charities of a similar size with the same main cause include Lutheran Social Services of Southern California ($19.8m), Foundation for the Uptown Reinvestment Corporation ($19.9m) and Whitefish Community Foundation Inc ($19.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $710k (4.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $130.4m against liabilities of $5.3m, net assets of $125.1m. It reported 27 employees.