Sharkarosa Ranch

Analysis

Sharkarosa Ranch is a registered charity in United States, based in Pilot Point, TX. It received its IRS tax-exemption ruling in July 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, Sharkarosa Ranch reported income of $699k and spending of $720k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $560k to $699k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 107% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Sharkarosa Ranch 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 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Gabriel Foundation ($699k), Leech Lake Legacy ($700k) and Rosemary Farm Sanctuary Inc ($699k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $93k (13% of expenses). Other salaries and wages came to $111k. At year end it held assets of $389k against liabilities of $266k, net assets of $124k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.