Westmoreland Sanctuary Inc

Analysis

Westmoreland Sanctuary Inc is a registered charity in United States, based in Mount Kisco, NY. It received its IRS tax-exemption ruling in January 2021, 5 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Westmoreland Sanctuary Inc reported income of $2.0m and spending of $657k, leaving 68% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $408k to $2.0m (+401%), an average of +71% a year. The sharpest change came in the year to March 2022, when income rose by 122%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westmoreland Sanctuary Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include James Developmental Center Inc ($2.0m), Santa Fe School for the Arts ($2.0m) and Kaiser Home Support Services Inc ($2.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 64% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $103k (16% of expenses). Other salaries and wages came to $129k. At year end it held assets of $9.6m against liabilities of $24k, net assets of $9.6m. It reported 5 employees.