Uc Santa Barbara Foundation

Analysis

Uc Santa Barbara Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in January 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Uc Santa Barbara Foundation reported income of $40.0m and spending of $35.1m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $40.9m to $40.0m (-2.2%), an average of -0.6% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uc Santa Barbara Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Charles E Smith Jewish Day School of Greater Washington Inc ($40.0m), Trustees of Newark Academy ($40.0m) and Tower Hill School ($39.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $439.9m against liabilities of $27.4m, net assets of $412.5m.