Sant Ynez Valley Cottage Hospital Foundation

Analysis

Sant Ynez Valley Cottage Hospital Foundation is a registered charity in United States, based in Solvang, CA. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Sant Ynez Valley Cottage Hospital Foundation reported income of $1.0m and spending of $1.7m, spending 160% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.2m to $1.0m (-11%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sant Ynez Valley Cottage Hospital Foundation sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Tamworth Community Nurse Association ($1.0m), National Kidney Foundation Inc ($1.0m) and Harts Health Clinic Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $16.8m against liabilities of $61k, net assets of $16.7m.