Farm Way Sanctuary Inc

Analysis

Farm Way Sanctuary Inc is a registered charity in United States, based in Morrison, IL. It received its IRS tax-exemption ruling in October 2016, 10 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, Farm Way Sanctuary Inc reported income of $118k and spending of $118k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $118k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Farm Way Sanctuary Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Valentines Second Chance Animal Rescue ($118k), Compassionworks International ($118k) and Cats in Bloom ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.