Promises Kept Horse Sanctuary

Analysis

Promises Kept Horse Sanctuary is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in March 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 (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, Promises Kept Horse Sanctuary reported income of $521k and spending of $473k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $262k to $521k (+99%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Promises Kept Horse Sanctuary sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Rare Species Conservatory Foundation Inc ($521k), Animal Protective Assn ($521k) and Heart of Jackson Humane Society Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $194k. At year end it held assets of $248k against liabilities of $3,719, net assets of $245k. It reported 10 employees.