Santa Barbara Community Housing Corporation

Analysis

Santa Barbara Community Housing Corporation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in December 1975, 51 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Santa Barbara Community Housing Corporation reported income of $2.7m and spending of $2.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $2.7m (+15%), an average of +3.5% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Santa Barbara Community Housing Corporation 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 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Northwest Towers Residents Assoc ($2.7m), Community Linc ($2.7m) and Satellite Senior Homes III Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $658k. At year end it held assets of $11.0m against liabilities of $5.3m, net assets of $5.7m. It reported 20 employees.