Rabbit Sanctuary Inc
Rabbit Sanctuary Inc shows strong financial growth and zero executive compensation, accumulating assets steadily.
EIN: 205315478 · Simpsonville, SC · NTEE: D30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $83K |
| Program Spending | 90% |
| Net Assets | $718K |
| Transparency Score | 95/100 |
Is Rabbit Sanctuary Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rabbit Sanctuary Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rabbit Sanctuary Inc
Rabbit Sanctuary Inc (EIN: 205315478) is a nonprofit organization based in Simpsonville, SC, classified under NTEE code D30. The organization reported total revenue of $180K and total assets of $893K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rabbit Sanctuary Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rabbit Sanctuary Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $259K |
| Total Expenses | $83K |
| Surplus / Deficit | +$177K |
| Total Assets | $718K |
| Net Assets | $718K |
| Operating Margin | 68.2% |
| Months of Reserves | 104.5 months |
Financial Health Grade: A
In 2023, Rabbit Sanctuary Inc reported a surplus of $177K with revenue exceeding expenses, holds 104.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Rabbit Sanctuary Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +278.7% | +77.8% | +25.3% |
| 2022 | +4.2% | +32.6% | -7.8% |
| 2021 | -44.0% | +14.4% | +7.0% |
| 2020 | +24.3% | -38.1% | +18.4% |
| 2019 | +37.4% | +4.4% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rabbit Sanctuary Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Rabbit Sanctuary Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $177K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filing periods, indicating that no officers receive salaries from the organization, which is highly unusual for an organization with growing revenue and assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Rabbit Sanctuary Inc's IRS 990 filings:
- Lack of detailed expense breakdown (e.g., specific program vs. admin costs) in provided summary data, making granular efficiency analysis difficult.
Strengths
The following positive indicators were identified for Rabbit Sanctuary Inc:
- Consistent financial surpluses, with revenue frequently exceeding expenses (e.g., $259,426 revenue vs. $82,515 expenses in 2023).
- Zero liabilities reported across all filing periods, indicating excellent financial stability.
- Steady growth in assets from $362,000 in 2014 to $718,439 in 2023, demonstrating strong financial management.
- 0% officer compensation reported consistently, suggesting a high dedication of resources to the mission.
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Frequently Asked Questions about Rabbit Sanctuary Inc
Is Rabbit Sanctuary Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rabbit Sanctuary Inc (EIN: 205315478) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Rabbit Sanctuary Inc spend its money?
Rabbit Sanctuary Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rabbit Sanctuary Inc tax-deductible?
Rabbit Sanctuary Inc is registered as a tax-exempt nonprofit (EIN: 205315478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rabbit Sanctuary Inc's spending goes to programs?
Rabbit Sanctuary Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rabbit Sanctuary Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Rabbit Sanctuary Inc is above average for NTEE category D30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rabbit Sanctuary Inc located?
Rabbit Sanctuary Inc is headquartered in Simpsonville, South Carolina and files with the IRS under EIN 205315478. It is classified under NTEE code D30.
How many years of IRS 990 filings does Rabbit Sanctuary Inc have?
Rabbit Sanctuary Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $180K in total revenue.
How does Rabbit Sanctuary Inc manage to operate without any officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership roles are likely filled by volunteers or compensated through other means not reported as officer compensation on the 990, allowing more funds to be directed to the mission.
What is the primary source of Rabbit Sanctuary Inc's revenue growth, especially the surge in 2023?
While the provided data doesn't specify revenue sources, the significant increase in revenue to $259,426 in 2023 from $68,508 in 2022 suggests a successful fundraising campaign, a large donation, or increased public support in that period.
How does Rabbit Sanctuary Inc allocate its expenses given the low overall expense figures relative to revenue?
With expenses of $82,515 against revenue of $259,426 in 2023, and no officer compensation, it implies a very lean operational model where the vast majority of expenses are likely directed towards direct program services for rabbit care, shelter, or advocacy.
Filing History
IRS 990 filing history for Rabbit Sanctuary Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rabbit Sanctuary Inc's revenue has grown by 426.6%, moving from $49K to $259K. Total assets increased by 129.6% over the same period, from $313K to $718K. Total functional expenses rose by 184%, from $29K to $83K. In its most recent filing year (2023), Rabbit Sanctuary Inc reported a surplus of $177K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $259K | $83K | $718K | $0 | — | View 990 |
| 2022 | $69K | $46K | $573K | $0 | — | View 990 |
| 2021 | $66K | $35K | $622K | $0 | — | View 990 |
| 2020 | $117K | $31K | $581K | $0 | — | View 990 |
| 2019 | $94K | $49K | $491K | $0 | — | View 990 |
| 2018 | $69K | $47K | $446K | $0 | — | View 990 |
| 2017 | $69K | $37K | $425K | $0 | — | View 990 |
| 2016 | $59K | $36K | $392K | $0 | — | View 990 |
| 2015 | $55K | $48K | $369K | $0 | — | View 990 |
| 2014 | $54K | $39K | $362K | $0 | — | View 990 |
| 2013 | $46K | $30K | $347K | $0 | — | View 990 |
| 2012 | $49K | $31K | $331K | $0 | — | View 990 |
| 2011 | $49K | $29K | $313K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $259K, expenses of $83K, and assets of $718K (revenue +278.7% year-over-year).
- 2022: Revenue of $69K, expenses of $46K, and assets of $573K (revenue +4.2% year-over-year).
- 2021: Revenue of $66K, expenses of $35K, and assets of $622K (revenue -44.0% year-over-year).
- 2020: Revenue of $117K, expenses of $31K, and assets of $581K (revenue +24.3% year-over-year).
- 2019: Revenue of $94K, expenses of $49K, and assets of $491K (revenue +37.4% year-over-year).
- 2018: Revenue of $69K, expenses of $47K, and assets of $446K (revenue -0.7% year-over-year).
- 2017: Revenue of $69K, expenses of $37K, and assets of $425K (revenue +16.9% year-over-year).
- 2016: Revenue of $59K, expenses of $36K, and assets of $392K (revenue +7.5% year-over-year).
- 2015: Revenue of $55K, expenses of $48K, and assets of $369K (revenue +2.2% year-over-year).
- 2014: Revenue of $54K, expenses of $39K, and assets of $362K (revenue +16.8% year-over-year).
- 2013: Revenue of $46K, expenses of $30K, and assets of $347K (revenue -6.3% year-over-year).
- 2012: Revenue of $49K, expenses of $31K, and assets of $331K (revenue +-0.0% year-over-year).
- 2011: Revenue of $49K, expenses of $29K, and assets of $313K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rabbit Sanctuary Inc:
Data Sources and Methodology
This transparency report for Rabbit Sanctuary Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.