Santa Barbara Charter School

Analysis

Santa Barbara Charter School is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Santa Barbara Charter School reported income of $3.8m and spending of $3.8m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.3m to $3.8m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Santa Barbara Charter School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Manor Montessori School Inc ($3.8m), Georgia Center for Opportunity Inc ($3.8m) and St Monica Academy Inc ($3.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $313k (8.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $1.9m against liabilities of $1.0m, net assets of $875k. It reported 60 employees.