Magzalea Farm & Sanctuary Inc

Analysis

Magzalea Farm & Sanctuary Inc is a registered charity in United States, based in Fitzwilliam, NH. It received its IRS tax-exemption ruling in August 2017, 9 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, Magzalea Farm & Sanctuary Inc reported income of $100k and spending of $68k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $100k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 70% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Magzalea Farm & Sanctuary Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within NH. Charities of a similar size with the same main cause include Tenth Life ($100k), Libby and Maces Place Animal Rescue ($100k) and Earthquest Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.