Eastgate Equine Sanctuary Inc

Analysis

Eastgate Equine Sanctuary Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in February 2014, 12 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, Eastgate Equine Sanctuary Inc reported income of $949k and spending of $951k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $530k to $949k (+79%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Eastgate Equine Sanctuary Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CT. Charities of a similar size with the same main cause include Operation Paws for Homes ($949k), Farmhouse Fresh Animal Sanctuary ($951k) and Longneck Manor Conservation Foundation ($948k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.

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.