Ucsb Alumni Association

Analysis

Ucsb Alumni Association is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in August 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Ucsb Alumni Association reported income of $221k and spending of $71k, leaving 68% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $396k to $221k (-44%), an average of -14% a year. The sharpest change came in the year to June 2022, when income rose by 131%. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ucsb Alumni Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include The St Clairville Band Parents Organization ($221k), Blue Valley Band Stand Club Inc ($221k) and Avalon Public Library ($221k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 9.4% of the total. At year end it held assets of $5.8m against liabilities of $56k, net assets of $5.7m.