Snell Foundation Inc

Analysis

Snell Foundation Inc is a registered charity in United States, based in N Highlands, CA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a organisation that tests for public safety under section 501(c)(3).

In the financial year ending September 2023, Snell Foundation Inc reported income of $601k and spending of $1.3m, spending 217% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income fell from $1.1m to $601k (-47%), an average of -19% a year. The sharpest change came in the year to September 2023, when income dropped by 76%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Snell Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Southern Tennis Patrons Foundation Inc ($601k), Society for Experimental Biology and Medicine ($601k) and Christian Family Media Ministries Inc ($601k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 105% of the total. Compensation of current officers, directors and key employees was $453k (35% of expenses). Other salaries and wages came to $251k. At year end it held assets of $2.7m against liabilities of $152k, net assets of $2.5m. It reported 7 employees.