Santa Fe Wine & Chile Fiesta

Analysis

Santa Fe Wine & Chile Fiesta is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Santa Fe Wine & Chile Fiesta reported income of $1.4m and spending of $1.3m, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.0m to $1.4m (+36%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 332%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Santa Fe Wine & Chile Fiesta sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NM. Charities of a similar size with the same main cause include Indianhead Enterprises of Menomonie Inc ($1.4m), Juventud En Camino Association ($1.4m) and Zichron Mattel Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $125k (9.6% of expenses). Other salaries and wages came to $153k. At year end it held assets of $1.4m against liabilities of $19k, net assets of $1.4m. It reported 3 employees.