Heavenly Pet Sanctuary

Analysis

Heavenly Pet Sanctuary is a registered charity in United States, based in Fairfield, IA. It received its IRS tax-exemption ruling in February 2021, 5 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heavenly Pet Sanctuary reported income of $63k and spending of $93k, spending 147% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $141k to $63k (-55%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 52%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heavenly Pet Sanctuary sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within IA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($63k), Conneaut Local Youth Organization ($63k) and Shoshone Museum Association State Hwy 127 ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.8% of the total. At year end it held assets of $46k against liabilities of $29k, net assets of $17k.