Sanctuary at Lakota Farms Inc

Analysis

Sanctuary at Lakota Farms Inc is a registered charity in United States, based in Groveland, FL. It received its IRS tax-exemption ruling in January 2022, 4 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, Sanctuary at Lakota Farms Inc reported income of $636k and spending of $583k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $731k to $636k (-13%), an average of -13% a year. Over the whole period it spent 88% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Sanctuary at Lakota Farms Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Athens Animal Rescue Shelter ($635k), Mackenzies Foundation ($636k) and Island Cat Resources and Adoption ($633k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $170k against liabilities of $2,378, net assets of $167k.