Montecito Trails Foundation

Analysis

Montecito Trails Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in May 1967, 59 years ago. 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, Montecito Trails Foundation reported income of $209k and spending of $165k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $209k (-91%), an average of -45% a year. The sharpest change came in the year to December 2020, when income dropped by 90%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montecito Trails Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Lansing Rotary Foundation ($209k), Society of St Vincent de Paul Baltimore Council Inc ($209k) and Chamber Music in Napa Valley Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.7m against liabilities of $3,503, net assets of $2.7m.