Susan & Bruce Worster Foundation is a 501(c)(3) organization based in Montecito, California, registered in 2001, with $225,441 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$225K
▲ 73.2% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$346K
Net assets
$4.3M
Employees
—
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. Not scored for Susan & Bruce Worster Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Susan & Bruce Worster Foundation: 150 mo reserves · -54% margin earns a F on this criterion. See the exact thresholds →
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. Not scored for Susan & Bruce Worster Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Susan & Bruce Worster Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $191K (FY2015) to $225K (FY2023) across 5 reported years.
Financial snapshot
Operating margin
-53.6%
Spent more than it raised in the latest fiscal year.
Total assets
$4.3M
Total liabilities
$0
Net assets
$4.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $225,441▲73.2% | $346,228▼19.7% | $4,326,106▼2.7% | $4,326,106▼2.7% | 990PF |
| 2022 | $130,194▼74.0% | $431,014▲7.7% | $4,446,893▼6.3% | $4,446,893▼6.3% | 990PF |
| 2021 | $500,350▲269% | $400,260▲8.1% | $4,747,713▲1.3% | $4,747,713▲1.3% | 990PF |
| 2020 | $135,432▼29.0% | $370,304▼30.2% | $4,684,547▼8.5% | $4,684,547▼8.5% | 990PF |
| 2015 | $190,707 | $530,392 | $5,118,800 | $5,118,800 | 990PF |
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.
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Data for Susan & Bruce Worster Foundation (EIN 77-0549392) 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.