Charity Search / GRASSINI FAMILY CHARITABLEFOUNDATION
Philanthropy & Grantmaking (T22) 990 on File

GRASSINI FAMILY CHARITABLEFOUNDATION

EIN: 20-8028365 · SANTA BARBARA, CA 93108-3753 · United States · FY 2024 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 50/100
Effectiveness (25%) 41/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$709K
Total Revenue
$816K
Total Expenses
$1.6M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 73.6%
Fundraising Efficiency N/A
Operating Reserve 23.38x
Liability-to-Asset 0.0%
Revenue Diversification 37.7%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 16,669 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
73.6% 90.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
23.4 mo 95.2 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
37.7% 90.5%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
4.8% 18.5%
P10P90
Expense growth
Year over year expense growth
15.1% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
-15.1% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $709K $816K $1.6M 73.6% —
2023 $676K $709K $1.7M 77.0% —
2022 $438K $513K $1.7M 73.2% —
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Organization Details
EIN
20-8028365
State
CA
City
SANTA BARBARA
ZIP
93108-3753
Classification
T22
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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