Santa Barbara Youth Foundation

Analysis

Santa Barbara Youth Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in November 1967, 59 years ago. 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 December 2023, Santa Barbara Youth Foundation reported income of $455k and spending of $422k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $457k to $455k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Barbara Youth Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Chiao Tung University Alumni Foundation of America Inc ($455k), Yavapai Regional Transit Inc ($455k) and Grand Lake Area Historical Society ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 47% of the total. Other salaries and wages came to $173k. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m. It reported 21 employees.