Hospice of Santa Barbara Inc

Analysis

Hospice of Santa Barbara Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in May 1975, 51 years ago. 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, Hospice of Santa Barbara Inc reported income of $3.1m and spending of $4.3m, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.1m (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of Santa Barbara Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include The American Stage Company Inc ($3.1m), Seal Legacy Foundation ($3.1m) and Boys & Girls Club of Collin County ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $216k (5.0% of expenses). Other salaries and wages came to $2.7m. It paid $975 in professional fundraising fees. At year end it held assets of $6.5m against liabilities of $2.1m, net assets of $4.4m. It reported 49 employees.