Williams-corbett Foundation is a 501(c)(3) organization based in Santa Barbara, California, registered in 1998, with $4,296,474 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$4.3M
▲ 173.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.4M
Net assets
$23.4M
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 Williams-corbett 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 Williams-corbett Foundation: 196 mo reserves · +67% margin earns a B+ 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 Williams-corbett 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 Williams-corbett Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $2.6M (FY2013) to $4.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
66.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$23.4M
Total liabilities
$0
Net assets
$23.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,296,474▲173% | $1,429,531▲0.4% | $23,355,370▲14.0% | $23,355,370▲14.0% | 990PF |
| 2023 | $1,572,701▲38.7% | $1,423,947▼11.5% | $20,488,262▲0.7% | $20,488,262▲0.7% | 990PF |
| 2022 | $1,133,920▼41.6% | $1,608,665▲28.0% | $20,339,508▼2.3% | $20,339,508▼2.3% | 990PF |
| 2021 | $1,942,641▲20.5% | $1,257,128▲29.3% | $20,814,253▲3.4% | $20,814,253▲3.4% | 990PF |
| 2020 | $1,612,170▼17.7% | $972,161▼5.4% | $20,128,740▲3.3% | $20,128,740▲3.3% | 990PF |
| 2019 | $1,958,472▲22.1% | $1,028,104▼0.8% | $19,488,731▲5.0% | $19,488,731▲5.0% | 990PF |
| 2018 | $1,604,041▼33.4% | $1,036,464▲7.0% | $18,558,363▲3.2% | $18,558,363▲3.2% | 990PF |
| 2017 | $2,407,888▲41.0% | $968,391▼25.2% | $17,990,786▲8.7% | $17,990,786▲8.7% | 990PF |
| 2016 | $1,707,451▼7.4% | $1,294,010▼2.8% | $16,551,289▲2.6% | $16,551,289▲2.6% | 990PF |
| 2015 | $1,844,260▲0.7% | $1,331,608▲4.2% | $16,137,848▲1.1% | $16,137,848▲1.1% | 990PF |
| 2014 | $1,830,904▼30.5% | $1,278,286▲11.1% | $15,967,421▲3.6% | $15,967,421▲3.6% | 990PF |
| 2013 | $2,632,740 | $1,150,798▲108% | $15,414,803▲24.9% | $15,414,803▲24.9% | 990PF |
| 2010 | — | $553,983 | $12,340,038 | $12,340,038 | 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 Williams-corbett Foundation (EIN 77-6150330) 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.