Farm Sanctuary Inc

Analysis

Farm Sanctuary Inc is a registered charity in United States, based in Watkins Glen, NY. It received its IRS tax-exemption ruling in August 1985, 41 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 Sanctuary Inc reported income of $14.5m and spending of $15.6m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.2m to $14.5m (+2.4%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Farm Sanctuary Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include National Marine Mammal Foundation Inc ($14.5m), Oregon Coast Aquarium Inc ($15.1m) and SPCA of Texas ($14.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $426k (2.7% of expenses). Other salaries and wages came to $6.9m. It paid $350k in professional fundraising fees. At year end it held assets of $30.8m against liabilities of $3.7m, net assets of $27.1m. It reported 146 employees.