Furball Farm Pet Sanctuary

Analysis

Furball Farm Pet Sanctuary is a registered charity in United States, based in Faribault, MN. 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, Furball Farm Pet Sanctuary reported income of $1.0m and spending of $739k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $719k to $1.0m (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 68% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Furball Farm Pet Sanctuary sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include White Wolf Sanctuary ($1.0m), Brown County Humane Society Inc ($1.0m) and Newnan-Coweta Humane Society Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. Other salaries and wages came to $130k. At year end it held assets of $773k against liabilities of $16k, net assets of $757k. It reported 4 employees.