Faculty Club University of California Santa Barbara Inc

Analysis

Faculty Club University of California Santa Barbara Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in December 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 June 2023, Faculty Club University of California Santa Barbara Inc reported income of $108k and spending of $89k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $50 to $108k (+216334%), an average of +216334% a year. The sharpest change came in the year to June 2023, when income rose by 216334%. Over the whole period it spent 144% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Faculty Club University of California Santa Barbara Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include National Charity League Inc ($108k), Nativity of Our Lord Monastery ($108k) and Association of Public Pension Fund Auditors Inc ($108k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 60% of the total. At year end it held assets of $233k against liabilities of $1,059, net assets of $232k.