Happy Trails Farm Animal Sanctuary Inc

Analysis

Happy Trails Farm Animal Sanctuary Inc is a registered charity in United States, based in Ravenna, OH. It received its IRS tax-exemption ruling in April 2002, 24 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, Happy Trails Farm Animal Sanctuary Inc reported income of $757k and spending of $634k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $504k to $757k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 65% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Happy Trails Farm Animal Sanctuary Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Humane Society of the Ochocos ($757k), Fostering Foster Animal Rescue ($757k) and Humane Society of Allen County ($757k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $55k (8.7% of expenses). Other salaries and wages came to $290k. At year end it held assets of $2.8m against liabilities of $14k, net assets of $2.8m. It reported 19 employees.