Santa Barbara Rotary Charitable Foundation

Analysis

Santa Barbara Rotary Charitable Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in March 1962, 64 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Santa Barbara Rotary Charitable Foundation reported income of $116k and spending of $44k, leaving 62% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $88k to $116k (+32%), an average of +5.8% a year. The sharpest change came in the year to June 2024, when income rose by 146%. Over the whole period it spent 63% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Santa Barbara Rotary Charitable Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Kalamazoo in Bloom Inc ($116k), Mainstreet of Athens ($116k) and Acpha-Cahm Joint Commission Inc ($116k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% of the total. At year end it held assets of $740k against liabilities of $2,416, net assets of $738k.