Sanctuary Foundation Inc

Analysis

Sanctuary Foundation Inc is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Sanctuary Foundation Inc reported income of $73k and spending of $85k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $371k to $73k (-80%), an average of -80% a year. The sharpest change came in the year to December 2023, when income dropped by 80%. Over the whole period it spent 39% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sanctuary Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 20th percentile within ND. Charities of a similar size with the same main cause include Buck Creek Foundation ($73k), Healing Flats ($73k) and Rett Syndrome Association of Massachusetts Inc ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $20k (23% of expenses). At year end it held assets of $282k against liabilities of $29k, net assets of $253k. It reported 1 employees.