Sanctuary Clinics Inc

Analysis

Sanctuary Clinics Inc is a registered charity in United States, based in Monticello, FL. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sanctuary Clinics Inc reported income of $2.4m and spending of $2.5m, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $541k to $2.4m (+352%), an average of +65% a year. The sharpest change came in the year to December 2022, when income rose by 356%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sanctuary Clinics Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Paradise Bound Ministries Inc ($2.4m), Scottsdale Informatics Institute ($2.4m) and World Compassion Fellowship Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. At year end it held assets of $691k against liabilities of $815k, net assets of -$124k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.