Santa Barbara Cottage Hospital
84% goes to programs $0 to raise $100 Strong reserves Growing revenue
Santa Barbara Cottage Hospital is a 501(c)(3) organization based in Santa Barbara, California, registered in 1938, with $1,084,001,110 in FY2024 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
400 W Pueblo St, Santa Barbara, CA, 93105 EIN 95-1644629 Since 1938
Revenue (FY2024)
$1.1B
▲ 10.6% vs prior year
Health median: $840K
Expenses (FY2024)
$985.4M
Net assets
$1.7B
Employees
3,733
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Santa Barbara Cottage Hospital: 84% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating21 mo reserves · +9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Santa Barbara Cottage Hospital: 21 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Santa Barbara Cottage Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Santa Barbara Cottage Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
It is the mission of santa barbara cottage hospital to provide superior health care for and improve the health care of our communities through a commitment to our core values of excellence, integrity, and compassion.
Contact & location
- Address
- 400 W Pueblo St, Santa Barbara, CA, 93105
- City
- Santa Barbara
- State
- California
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $638.4M (FY2013) to $1.1B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $650.9MNet assets $1.7B
Operating margin
9.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4B
Total liabilities
$650.9M
Net assets
$1.7B
Salaries & benefits
$482.7M
49% of expenses
Board members
16
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,084,001,110▲10.6% | $985,434,286▲7.3% | $1,734,263,282▲10.3% | $2,385,204,052▲7.6% | 990 |
| 2023 | $979,989,338▲5.6% | $918,767,785▲7.0% | $1,572,735,805▲8.1% | $2,217,462,092▲5.9% | 990 |
| 2022 | $928,233,984▲0.1% | $858,457,659▲1.3% | $1,455,010,907▼2.3% | $2,093,270,506▼1.7% | 990 |
| 2021 | $927,341,858▲13.0% | $847,149,681▲5.6% | $1,489,357,646▲10.4% | $2,130,359,861▲7.0% | 990 |
| 2020 | $820,638,690▼2.0% | $802,131,212▲6.9% | $1,349,332,925▲4.7% | $1,990,776,088▲9.6% | 990 |
| 2019 | $837,598,218▼1.0% | $750,608,642▲4.1% | $1,288,787,240▲12.5% | $1,817,093,511▲8.2% | 990 |
| 2018 | $845,837,366▲1.8% | $720,952,221▲6.2% | $1,145,465,101▲11.4% | $1,680,136,253▲0.5% | 990 |
| 2017 | $830,959,265▲19.9% | $679,118,762▼1.6% | $1,028,693,417▲21.0% | $1,671,330,367▲13.3% | 990 |
| 2016 | $692,781,510▲3.2% | $689,862,876▲4.2% | $850,318,189▲5.2% | $1,474,544,852▲2.9% | 990 |
| 2015 | $671,507,503▼6.1% | $662,102,583▲9.2% | $808,259,287▼1.9% | $1,432,794,652▲5.9% | 990 |
| 2014 | $715,028,789▲12.0% | $606,164,482▲6.4% | $823,527,855▼1.3% | $1,352,834,002▲5.7% | 990 |
| 2013 | $638,414,245 | $569,909,299▲2.9% | $834,795,868▲23.7% | $1,279,611,452▲10.3% | 990 |
| 2012 | — | $553,735,753▲14.1% | $674,966,354▲6.6% | $1,160,226,356▲2.6% | 990 |
| 2011 | — | $485,406,518▲2.2% | $633,452,485▲0.5% | $1,130,882,734▲1.8% | 990 |
| 2010 | — | $475,088,136 | $630,112,468 | $1,111,406,611 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Richard Beswick — $736,422 (0.07% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Richard Beswick | Vice President Research & Chief Research Officer | 40 | $736,422 |
| Jeffrey Gauvin Md | Director Surgery Residency Program | 40 | $541,507 |
| Lynn Fitzgibbons Md | Director Internal Medicine Residency Program | 40 | $365,409 |
| Timothy O'hearn | Chief Perfusionist | 40 | $363,265 |
| Joseph Jolliff | Director, Pharmacy | 40 | $360,544 |
| Bhupi Singh | Board Member | 0.8 | — |
| Eric Seale | Vice Chair | 1.2 | — |
| Ernesto Paredes | Board Member | 0.8 | — |
| Gamble Parks Atty | Board Member | 0.8 | — |
| Ginger Salazar | Vice Chair | 1.2 | — |
| Kristin Tufvesson | Senior Vp and Cfo | 12.5 | — |
| Lisa Moore | Executive Vp and Coo | 14.5 | — |
| Mark Scott Md | Board Member | 0.8 | — |
| Pamela Gann | Board Member | 0.8 | — |
| Richard Ponce Md | Secretary | 1.2 | — |
| Roberta Griffin | Board Member | 0.8 | — |
| Robin Malone Md | Board Member | 0.8 | — |
| Ronald Werft | President & Ceo | 12 | — |
| Stacy Bratcher | Senior Vp and Chief Legal Officer | 12.5 | — |
| Steven Zola | Board Chair | 4 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cottage Clinical Associates | Physician Services | $14,480,772 |
| Aya Healthcare Inc | Contract Labor | $13,144,770 |
| Anesthesia Medical Grp Sb Inc | Anesthesia Professional Fees | $8,491,631 |
| Prowest Pcm Inc | Construction Services | $3,432,656 |
| Sansum Clinic | Physician Services | $3,203,869 |
Grants received · $192.6M total
48 grants to Santa Barbara Cottage Hospital totaling $192.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Santa Barbara Cottage Hospital Foundation | Support of capital and general operations | 2024 | $10,480,570 |
| Cystic Fibrosis Foundation | Cf care center | 2024 | $98,080 |
| Santa Barbara Cottage Hospital Foundation | Support of capital and general operations | 2023 | $9,504,304 |
| Cystic Fibrosis Foundation | Cf care center | 2023 | $95,380 |
| Public Health Institute | Technical assistance | 2023 | $35,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $10,500 |
| Santa Barbara Cottage Hospital Foundation | Support of capital and general operations | 2022 | $10,425,873 |
| Public Health Institute | Research | 2022 | $98,933 |
| Cystic Fibrosis Foundation | Cf care center | 2022 | $89,400 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $17,100 |
| Santa Barbara Cottage Hospital Foundation | Support of capital and general operations | 2021 | $15,734,774 |
| Cystic Fibrosis Foundation | Cf care center | 2021 | $84,900 |
| American Cancer Society Inc | Patient support | 2021 | $15,000 |
| Public Health Institute | Research | 2021 | $10,300 |
| Santa Barbara Cottage Hospital Foundation | Support of capital expenditures, programs and general operations | 2020 | $2,855,125 |
Grants made · $4.7M in FY2024
19 grants totaling $4.7M in FY2024 — showing the 15 largest. All grants made by Santa Barbara Cottage Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Cottage Clinical Network | Support of clinics throughout the santa barbara county which provide access to care for individuals with no pcp | $2,000,000 |
| California Health Foundation and Trust | Support of charitable activities at hospitals in the state of california | $812,171 |
| The Foundation For Santa Barbara City College | Support of nursing program at santa barbara city college | $343,398 |
| People Assisting the Homeless | Medical respite beds for the homeless population | $337,259 |
| Family Service Agency of Santa Barbara County | Provide mental health support to children and youth, including those with adverse childhood experiences. | $254,361 |
| Calm Inc | Provide mental health support to children and youth, including those with adverse childhood experiences. | $196,388 |
| Dignitymoves | Assistance with housing for the unsheltered | $100,000 |
| Santa Barbara Neighborhood Clinics | Support of neighborhood health clinics for low income patients | $100,000 |
| Willbridge of Santa Barbara Inc | Support for patients experiencing homelessness who need a safe place to recover from illness or injury | $92,200 |
| Good Samaritan Shelter | Assistance with emergency housing | $75,464 |
| Sanctuary Centers of Santa Barbara Inc | Support psychiatric and licensed therapist services for youth | $75,000 |
| Lompoc Valley Community Healthcare Organization | Conduct a needs assessment for the lompoc community. | $70,050 |
| California State University Channel Islands Foundation | Support of the bachelor's in science, nursing program in santa barbara | $49,738 |
| Sarah House Santa Barbara | Support of end of life care for low income individuals | $48,900 |
| Medical Staff of Santa Barbara Cottage Hospital | Support of quality of care training for physicians providing care at santa barbara cottage hospital | $32,000 |
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Frequently asked questions
- Is Santa Barbara Cottage Hospital a legitimate nonprofit?
- Yes. Santa Barbara Cottage Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-1644629, based in Santa Barbara, California. Donations are tax-deductible.
- What is Santa Barbara Cottage Hospital's EIN?
- Santa Barbara Cottage Hospital's Employer Identification Number (EIN) is 95-1644629.
- How much revenue does Santa Barbara Cottage Hospital report?
- Santa Barbara Cottage Hospital reported $1,084,001,110 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Santa Barbara Cottage Hospital's spending goes to programs?
- Santa Barbara Cottage Hospital spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Santa Barbara Cottage Hospital have?
- CharityIndex grades Santa Barbara Cottage Hospital A, based on program efficiency and fundraising cost.
- How much does Santa Barbara Cottage Hospital's highest-paid employee make?
- The highest reported compensation on Santa Barbara Cottage Hospital's latest Form 990 is $736,422, paid to Richard Beswick (Vice President Research & Chief Research Officer).
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Data for Santa Barbara Cottage Hospital (EIN 95-1644629) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.