Lone Star Sanctuary for Animals Inc

Analysis

Lone Star Sanctuary for Animals Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in March 1999, 27 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 April 2023, Lone Star Sanctuary for Animals Inc reported income of $2.6m and spending of $709k, leaving 72% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $412k to $2.6m (+523%), an average of +58% a year. The sharpest change came in the year to April 2023, when income rose by 311%. Over the whole period it spent 65% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lone Star Sanctuary for Animals Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Valley Humane Society Inc ($2.6m), Friendship Animal Protective League ($2.6m) and Paws Humane Inc ($2.6m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $102k (14% of expenses). Other salaries and wages came to $324k. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m. It reported 12 employees.