Willbridge of Santa Barbara Inc

Analysis

Willbridge of Santa Barbara Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Willbridge of Santa Barbara Inc reported income of $569k and spending of $574k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $427k to $569k (+33%), an average of +7.5% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Willbridge of Santa Barbara Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Ahepa 232 III Inc ($569k), Volunteers of America Inc ($569k) and Capitol Retirement Village Inc ($569k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $91k (16% of expenses). Other salaries and wages came to $104k. At year end it held assets of $61k against liabilities of $27k, net assets of $33k. It reported 7 employees.