Heartland Farm Sanctuary Inc

Analysis

Heartland Farm Sanctuary Inc is a registered charity in United States, based in Stoughton, WI. It received its IRS tax-exemption ruling in July 2010, 16 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, Heartland Farm Sanctuary Inc reported income of $1.0m and spending of $1.2m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $524k to $1.0m (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 86% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Heartland Farm Sanctuary Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include Patuxent Animal Welfare Society ($1.0m), Misfit Spay Neuter Clinic Inc ($1.0m) and Special Pals Incorporated ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $65k (5.4% of expenses). Other salaries and wages came to $483k. At year end it held assets of $3.3m against liabilities of $2.2m, net assets of $1.1m. It reported 52 employees.