Little Bear Sanctuary Inc

Analysis

Little Bear Sanctuary Inc is a registered charity in United States, based in Punta Gorda, FL. It received its IRS tax-exemption ruling in November 2018, 8 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, Little Bear Sanctuary Inc reported income of $207k and spending of $199k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $244k to $207k (-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 88% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Little Bear Sanctuary Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Animal Rescue & K9 Charities Inc ($207k), Frankies Fund for Feline Care and Rescue Inc ($207k) and Burttschell Rescue Ranch ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,000 (4.5% of expenses). At year end it held assets of $116k against liabilities of $30k, net assets of $86k.