Girls Rock SB

Analysis

Girls Rock SB is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Girls Rock SB reported income of $978k and spending of $1.2m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $537k to $978k (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 253%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Girls Rock SB sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include The Dunhuang Foundation Inc ($978k), Nebraska Housing Resource Inc ($978k) and Seattle Chamber Music Society Foundation ($977k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $120k (10% of expenses). Other salaries and wages came to $296k. At year end it held assets of $425k against liabilities of $193k, net assets of $232k. It reported 46 employees.