Family Therapy Institute of Santa Barbara

Analysis

Family Therapy Institute of Santa Barbara is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in August 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Family Therapy Institute of Santa Barbara reported income of $1.6m and spending of $1.7m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Therapy Institute of Santa Barbara sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Acculturation for Justice Access & Peace Outreach Ajapo ($1.6m), Student Lunchbox Inc ($1.6m) and Chapel House Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.2% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $498k (29% of expenses). Other salaries and wages came to $833k. At year end it held assets of $241k against liabilities of $16k, net assets of $224k. It reported 16 employees.