United Way of Santa Barbara County Inc

Analysis

United Way of Santa Barbara County Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in August 1953, 73 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, United Way of Santa Barbara County Inc reported income of $17.0m and spending of $16.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $17.0m (+545%), an average of +59% a year. The sharpest change came in the year to June 2021, when income rose by 175%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Santa Barbara County Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Community Foundation for Northeast Georgia Inc ($17.0m), York County Community Foundation ($17.1m) and Pikes Peak Community Foundation ($17.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $502k (3.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $16.1m against liabilities of $678k, net assets of $15.4m. It reported 93 employees.