Santa Ynez Valley Airport Authority

Analysis

Santa Ynez Valley Airport Authority is a registered charity in United States, based in Santa Ynez, CA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2024, Santa Ynez Valley Airport Authority reported income of $741k and spending of $639k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $476k to $741k (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Ynez Valley Airport Authority sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Horizons Greater Philadelphia Inc ($741k), Friends of Vineland Public Charter School ($741k) and The Salina Symphony Inc ($741k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $56k (8.8% of expenses). Other salaries and wages came to $89k. At year end it held assets of $2.9m against liabilities of $136k, net assets of $2.7m. It reported 7 employees.