Santa Barbara Cottage Hospital Foundation
69% goes to programs $11 to raise $100 Strong reserves Growing revenue
Santa Barbara Cottage Hospital Foundation is a 501(c)(3) organization based in Santa Barbara, California, registered in 1984, with $33,037,378 in FY2024 revenue. CharityIndex grades it B+, and it directs about 69% of spending to programs.
Po Box 689, Santa Barbara, CA, 93102 EIN 95-3802238 Since 1984
Revenue (FY2024)
$33.0M
▼ 52.2% vs prior year
Health median: $840K
Expenses (FY2024)
$17.1M
Net assets
$291.4M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating69% to programs · $11 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 Foundation: 69% to programs · $11 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating204 mo reserves · +48% 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 Foundation: 204 mo reserves · +48% margin earns a B+ 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 Foundation: 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 Foundation: 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 foundation to solicit, receive, invest, maintain and distribute funds for the support of charitable, scientific, and educational activities of santa barbara cottage hospital.
Contact & location
- Address
- Po Box 689, Santa Barbara, CA, 93102
- City
- Santa Barbara
- State
- California
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $27.2M (FY2013) to $33.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.2MNet assets $291.4M
Operating margin
48.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$294.6M
Total liabilities
$3.2M
Net assets
$291.4M
Salaries & benefits
$0
0% of expenses
Board members
16
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $33,037,378▼52.2% | $17,146,326▲5.1% | $291,389,721▲8.3% | $294,551,437▲7.7% | 990 |
| 2023 | $69,062,685▲52.6% | $16,321,842▼9.2% | $268,984,827▲14.4% | $273,586,783▲13.8% | 990 |
| 2022 | $45,245,201▲75.7% | $17,971,826▼29.6% | $235,147,860▼1.1% | $240,388,140▼0.7% | 990 |
| 2021 | $25,746,926▲72.0% | $25,520,035▲160% | $237,668,237▲2.5% | $242,184,554▲2.5% | 990 |
| 2020 | $14,967,804▼40.4% | $9,831,485▲20.9% | $231,813,304▲20.1% | $236,175,257▲20.3% | 990 |
| 2019 | $25,103,771▲32.2% | $8,129,531▼81.9% | $193,069,367▲16.6% | $196,311,762▲16.4% | 990 |
| 2018 | $18,986,741▼43.7% | $44,969,029▼40.4% | $165,572,841▼17.2% | $168,709,592▼36.9% | 990 |
| 2017 | $33,745,064▲27.4% | $75,480,297▲118% | $200,068,453▼27.3% | $267,543,388▼4.1% | 990 |
| 2016 | $26,484,466▲61.8% | $34,599,924▲602% | $275,368,432▼2.6% | $278,922,088▼2.4% | 990 |
| 2015 | $16,364,781▼57.5% | $4,931,675▼23.3% | $282,580,289▼0.2% | $285,645,980▼0.7% | 990 |
| 2014 | $38,517,706▲41.5% | $6,434,007▲24.2% | $283,160,513▲4.5% | $287,638,556▲4.9% | 990 |
| 2013 | $27,223,293 | $5,179,238▼15.1% | $271,004,628▲17.0% | $274,109,674▲14.0% | 990 |
| 2012 | — | $6,097,512▲1.8% | $231,551,345▲0.7% | $240,484,953▲2.2% | 990 |
| 2011 | — | $5,987,745▼90.0% | $229,875,281▲0.4% | $235,387,874▲1.1% | 990 |
| 2010 | — | $59,625,623 | $229,016,748 | $232,890,884 | 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)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bhupi Singh | Board Member | 0.2 | — |
| Eric Seale | Vice Chair | 0.4 | — |
| Ernesto Paredes | Board Member | 0.2 | — |
| Gamble Parks Atty | Board Member | 0.2 | — |
| Ginger Salazar | Vice Chair | 0.4 | — |
| Kristin Tufvesson | Senior Vp and Cfo | 1.5 | — |
| Lisa Moore | Executive Vp and Coo | 0 | — |
| Mark Scott Md | Board Member | 0.2 | — |
| Pamela Gann | Board Member | 0.2 | — |
| Richard Ponce Md | Secretary | 0.4 | — |
| Roberta Griffin | Board Member | 0.2 | — |
| Robin Malone Md | Board Member | 0.2 | — |
| Ronald Werft | President & Ceo | 2 | — |
| Stacy Bratcher | Senior Vp and Chief Legal Officer | 1 | — |
| Steven Zola | Board Chair | 1.2 | — |
| Steve Ortiz | Board Member | 0.2 | — |
| Susan Christol-deacon | Board Member | 0.2 | — |
| Thomas Cusack | Board Member | 0.2 | — |
| Wesley Schooler Md | Board Member | 0.2 | — |
| Yulun Wang Phd | Board Member | 0.2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| The Ritz Carlton Hotel | Event Fees | $130,371 |
Grants received · $5.0M total
89 grants to Santa Barbara Cottage Hospital Foundation totaling $5.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $11.2M in FY2024
4 grants totaling $11.2M in FY2024. All grants made by Santa Barbara Cottage Hospital Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Santa Barbara Cottage Hospital | Support of capital and general operations | $10,480,570 |
| Cottage Health | Support of population health programs | $429,251 |
| California State University Channel Islands Foundation | Support of the bachelor's in science, nursing program | $208,000 |
| The Westmont College Foundation | Support of the bachelor's in science, nursing program | $104,000 |
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Frequently asked questions
- Is Santa Barbara Cottage Hospital Foundation a legitimate nonprofit?
- Yes. Santa Barbara Cottage Hospital Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-3802238, based in Santa Barbara, California. Donations are tax-deductible.
- What is Santa Barbara Cottage Hospital Foundation's EIN?
- Santa Barbara Cottage Hospital Foundation's Employer Identification Number (EIN) is 95-3802238.
- How much revenue does Santa Barbara Cottage Hospital Foundation report?
- Santa Barbara Cottage Hospital Foundation reported $33,037,378 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Santa Barbara Cottage Hospital Foundation's spending goes to programs?
- Santa Barbara Cottage Hospital Foundation spends about 69% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Santa Barbara Cottage Hospital Foundation have?
- CharityIndex grades Santa Barbara Cottage Hospital Foundation B+, based on program efficiency and fundraising cost.
- How much does Santa Barbara Cottage Hospital Foundation's highest-paid employee make?
- The highest reported compensation on Santa Barbara Cottage Hospital Foundation's latest Form 990 is $0, paid to Bhupi Singh (Board Member).
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Data for Santa Barbara Cottage Hospital Foundation (EIN 95-3802238) 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.