Scarlet Oak Farms Inc

Analysis

Scarlet Oak Farms Inc is a registered charity in United States, based in Ayden, NC. It received its IRS tax-exemption ruling in February 2019, 7 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, Scarlet Oak Farms Inc reported income of $72k and spending of $38k, leaving 47% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $30k to $72k (+144%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 73% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Scarlet Oak Farms Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include Stone Soup Animal Rescue Inc ($72k), With a Golden Spirit Inc ($72k) and El Dorado County German Shepherd Rescue ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.