Possumwood Acres Wildlife Sanctuary
Analysis
Possumwood Acres Wildlife Sanctuary is a registered charity in United States, based in Hubert, NC. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 December 2023, Possumwood Acres Wildlife Sanctuary reported income of $173k and spending of $177k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $196k to $173k (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 99% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Possumwood Acres Wildlife Sanctuary sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Whiskey Ridge Rescue ($173k), Zois Animal Rescue Inc ($173k) and SFDR San Felipe Dog Rescue ($173k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 1.3% of the total. Other salaries and wages came to $71k. At year end it held assets of $132k against liabilities of $882, net assets of $131k.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 1.3%
- Other 45%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Whiskey Ridge Rescue | Green Ridge | $173k |
| Zois Animal Rescue Inc | Navasota | $173k |
| SFDR San Felipe Dog Rescue | Calexico | $173k |
| Erie Area Rabbit Society & Rescue E a R S Inc | Erie | $173k |