Santa Cruz Training Programs Inc

Analysis

Santa Cruz Training Programs Inc is a registered charity in United States, based in Nogales, AZ. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Cruz Training Programs Inc reported income of $5.0m and spending of $4.4m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $5.0m (+60%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Santa Cruz Training Programs Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within AZ. Charities of a similar size with the same main cause include Local Workforce Investment Area III Inc ($5.0m), Midland Business Alliance Foundation ($5.0m) and Steelworkers Charitable and Educational Organization ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $69k (1.6% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $4.8m against liabilities of $181k, net assets of $4.7m. It reported 141 employees.