CSCharityScored
77

Terrace Foundation

Human Services · Santa Barbara, California

1219 State St Ste A, Santa Barbara, CA 93101-2663

EIN: 822475808· Founded: Mar 2018· 8 years active· Filing Year: 2023

Annual Revenue

$520K

Total Expenses

$541K

Total Assets

$41K

Program Spending

91%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$35K

6.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$235K

Total Payroll

$270K

50% of total expenses

Where the Money Goes

91%
Programs: 91%
Payroll: 50%
Other overhead: 9%
Program Revenue$492K (95%)
Total Expenses$541K (100%)
Payroll$270K (50%)
Overhead (non-program)9%

Trust Score Breakdown

Program Spending Ratio

91% of expenses go to programs

40%

Revenue & Stability

$520K annual revenue

15%

Executive Compensation

$35K total officer comp (6.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$41K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.