Is Dharma Sanctuary Legit?

Quick charity verification for Dharma Sanctuary (EIN: 202078725)

Verdict: Dharma Sanctuary shows mixed signals

65/100Mission Score
$16KRevenue
$681KAssets
4Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Dharma Sanctuary consistently operates at a significant deficit, with expenses far exceeding revenue in every reported period. For example, in 2023, revenue was $11,220 while expenses were $21,853. This trend suggests a reliance on existing assets or other undisclosed funding sources to cover operational costs, as the organization's assets have gradually decreased from $720,530 in 2020 to $685,293 in 2023. While the organization reports zero officer compensation, which is a positive for minimizing administrative overhead, the persistent financial shortfall raises questions about long-term sustainability and the source of funds covering these deficits. The organization's NTEE code X50 indicates a focus on 'Religious, Spiritual, and Humanistic Organizations, Not Elsewhere Classified,' which aligns with a sanctuary mission. However, without detailed expense breakdowns, it's challenging to assess spending efficiency beyond the overall deficit. The consistent liabilities of $1 in recent years are unusual and could indicate a reporting anomaly or a very specific, minor recurring obligation. The lack of significant revenue growth over the past decade, despite fluctuating expenses, points to a stable but financially constrained operational model. Transparency is generally good regarding the availability of 990 filings, but the absence of detailed program, administrative, and fundraising expense breakdowns within the provided data limits a deeper analysis of spending efficiency. The consistent reporting of zero officer compensation is a strong positive for transparency and resource allocation towards the mission, assuming all key personnel are volunteers or compensated through other means not captured as officer compensation.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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