Sanctuary House

Analysis

Sanctuary House is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Sanctuary House reported income of $2.1m and spending of $2.2m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $969k to $2.1m (+114%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sanctuary House sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Columbia Basin Foundation ($2.1m), Planned Lifetime Assistance Network of New Jersey Inc ($2.1m) and North Gwinnett Cooperative Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 61% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.7m against liabilities of $151k, net assets of $1.5m. It reported 50 employees.