Forever Love Sanctuary Inc

Analysis

Forever Love Sanctuary Inc is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in April 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 (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, Forever Love Sanctuary Inc reported income of $88k and spending of $86k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $88k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 102% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Forever Love Sanctuary Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Paws4thought Animal Rescue ($88k), Pa Caring for K-9s Inc ($88k) and Friends United in Rescue Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $3,399 against liabilities of $0, net assets of $3,399.