Historic Santa Fe Foundation Inc

Analysis

Historic Santa Fe Foundation Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in August 1963, 63 years ago. 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, Historic Santa Fe Foundation Inc reported income of $1.9m and spending of $529k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.9m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income rose by 192%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Santa Fe Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within NM. Charities of a similar size with the same main cause include Tri City Joint Apprenticeship and Training Committee ($1.9m), Safenet Services Inc ($1.9m) and Lawfare Institute ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $93k (18% of expenses). Other salaries and wages came to $165k. At year end it held assets of $6.2m against liabilities of $41k, net assets of $6.2m. It reported 6 employees.