Public Charity

Goleta Valley Cottage Hospital Foundation

Goleta Valley Cottage Hospital Foundation is a Public Charity headquartered in Goleta, CA. Financial data from the 2023 filing: $308K revenue, $4.1M expenses. 4 publicly reported grants to this organization, totaling roughly $67K, appear in IRS filings.

EIN: 770003554 Goleta, CA Latest filing: 2023
Total Revenue$308K
Total Expenses$4.1M
Grant Records4
Funding Total$67K
Filing Years2019–2023

Mission

Goleta Valley Cottage Hospital Foundation operates solely for the benefit of Goleta Valley Cottage Hospital. It is organized specifically to develop, manage and channel the community's philanthropic support on behalf of the Goleta Valley Cottage Hospital. On July 31, 2023, the Foundation terminated and transferred all assets to the Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals.

Where $100 goes at Goleta Valley Cottage Hospital Foundation

How Goleta Valley Cottage Hospital Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$82 Programs the work itself
$10 Management running the organization
$8 Fundraising raising the next dollar

Inside the $82 for programs

$82
To support equipment needs and operations of Goleta Valley Cottage Hospital and their patients
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2023. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Top Grant Purposes

Health & Medicine
$60,900 3 grants
General Support
$6,300 1 grant

Financial Trends

Year Revenue Expenses Assets
2023 $308K $4.1M —
2022 $945K $380K $9.5M
2021 $1.1M $1.1M $9.1M
2020 $868K $371K $9.0M
2019 $687K $597K $8.4M

Between 2019 and 2023, reported annual revenue declined from $687K to $308K (-55%).

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