Montecito Firefighters Charitable Foundation

Analysis

Montecito Firefighters Charitable Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Montecito Firefighters Charitable Foundation reported income of $229k and spending of $108k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $192k to $229k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montecito Firefighters Charitable Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Chino Valley Family Church ($229k), Ashland Historical Society Inc ($229k) and The North Carolina Dressage and Combined Training Association ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $570k against liabilities of $0, net assets of $570k.