San Felipe Supported Living Inc

Analysis

San Felipe Supported Living Inc is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, San Felipe Supported Living Inc reported income of $2.4m and spending of $1.7m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $966k to $2.4m (+147%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, San Felipe Supported Living Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Loretto Geriatric Community ($2.4m), The Foundation for Hope Village ($2.4m) and Amigos de Jesus ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 101% of the total. Compensation of current officers, directors and key employees was $184k (11% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.3m against liabilities of $126k, net assets of $2.1m. It reported 77 employees.