Broken Shovels Farm and Sanctuary School

Analysis

Broken Shovels Farm and Sanctuary School is a registered charity in United States, based in Henderson, CO. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Broken Shovels Farm and Sanctuary School reported income of $1.2m and spending of $915k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2017 to December 2023, income grew from $150k to $1.2m (+667%), an average of +66% a year. The sharpest change came in the year to December 2019, when income rose by 114%. Over the whole period it spent 90% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Broken Shovels Farm and Sanctuary School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Centre County Paws Inc ($1.2m), The Public for Animal Welfare Inc ($1.2m) and Marshall County Rescue League Incorporated ($1.2m).

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 $14k (1.6% of expenses). At year end it held assets of $822k against liabilities of $466k, net assets of $356k.