Santa Ynez Valley Senior Citizens Foundation

Analysis

Santa Ynez Valley Senior Citizens Foundation is a registered charity in United States, based in Buellton, CA. It received its IRS tax-exemption ruling in March 1978, 48 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 Ynez Valley Senior Citizens Foundation reported income of $970k and spending of $1.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $529k to $970k (+83%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Ynez Valley Senior Citizens Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Williams S Hart Boys Baseball League Inc ($969k), Honor Emergency Fund of the Fire Department of the City of New York ($970k) and Rock Island-Milan Education Foundation ($969k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $114k (11% of expenses). Other salaries and wages came to $454k. It paid $11k in professional fundraising fees. At year end it held assets of $387k against liabilities of $173k, net assets of $214k. It reported 30 employees.