Therapy Dogs of Santa Barbara Inc

Analysis

Therapy Dogs of Santa Barbara Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Therapy Dogs of Santa Barbara Inc reported income of $125k and spending of $163k, spending 130% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $47k to $125k (+169%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 297%. Over the whole period it spent 163% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Therapy Dogs of Santa Barbara Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include St Cats & Dogs ($125k), Last Stop Horse Rescue ($125k) and Shadowland Foundation Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $97k (59% of expenses). Other salaries and wages came to $38k. At year end it held assets of $710k against liabilities of $2,343, net assets of $708k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.