Faithful Friends Animal Sanctuary

Analysis

Faithful Friends Animal Sanctuary is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in July 2007, 19 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, Faithful Friends Animal Sanctuary reported income of $679k and spending of $302k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $679k (+246%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 147%. Over the whole period it spent 61% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Faithful Friends Animal Sanctuary sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Flat Rock Brook Nature Association ($679k), Pender County Humane Society ($679k) and Humane Society of North Iowa ($679k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Other salaries and wages came to $133k. At year end it held assets of $1.8m against liabilities of $5,174, net assets of $1.8m. It reported 5 employees.