Nantucket Safe Harbor for Animals Inc

Analysis

Nantucket Safe Harbor for Animals Inc is a registered charity in United States, based in Nantucket, MA. It received its IRS tax-exemption ruling in May 2012, 14 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, Nantucket Safe Harbor for Animals Inc reported income of $5.4m and spending of $1.3m, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $636k to $5.4m (+751%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 205%. Over the whole period it spent 43% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Nantucket Safe Harbor for Animals Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Big Life Foundation USA ($5.4m), Environment for the Americas Inc ($5.4m) and Virginia Beach SPCA ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% and program service revenue 1.3% of the total. Other salaries and wages came to $675k. At year end it held assets of $6.1m against liabilities of $40k, net assets of $6.1m. It reported 12 employees.