Villa Majella of Santa Barbara Inc

Analysis

Villa Majella of Santa Barbara Inc is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in January 1998, 28 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 June 2023, Villa Majella of Santa Barbara Inc reported income of $147k and spending of $160k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $113k to $147k (+29%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 122% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Villa Majella of Santa Barbara Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Friends of Val Verde Health and Wellness Inc ($147k), One Fact Foundation ($147k) and Steven Vanover Memorial Research & Scholarship Fund ($146k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $50k (31% of expenses). Other salaries and wages came to $41k. At year end it held assets of $309k against liabilities of $1,035, net assets of $308k. It reported 6 employees.