Sea Star Horse Sanctuary

Analysis

Sea Star Horse Sanctuary is a registered charity in United States, based in Carmel, CA. It received its IRS tax-exemption ruling in May 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 June 2023, Sea Star Horse Sanctuary reported income of $195k and spending of $194k, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $140k to $195k (+39%), an average of +39% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Sea Star Horse Sanctuary sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Bowman Second Chance Thoroughbred Adoption ($195k), Dixie Adoptables ($195k) and Thoroughbred Placement Resources Inc ($195k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $5,302 against liabilities of $7,985, net assets of -$2,683.