Friends of Vada at Santa Barbara High School

Analysis

Friends of Vada at Santa Barbara High School is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Vada at Santa Barbara High School reported income of $724k and spending of $2.0m, spending 274% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $594k to $724k (+22%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 490%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Vada at Santa Barbara High School sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Writers Series of Traverse City ($724k), National Exchange Club Foundation Inc ($724k) and Starkville Christian School ($724k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. It paid $6,548 in professional fundraising fees. At year end it held assets of $777k against liabilities of $0, net assets of $777k.