Sanctuary Counseling Group
Sanctuary Counseling Group consistently operates at a deficit with declining assets.
EIN: 208142788 · Charlotte, NC · NTEE: F30 · Updated: 2026-03-28
Is Sanctuary Counseling Group Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sanctuary Counseling Group directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sanctuary Counseling Group
Sanctuary Counseling Group (EIN: 208142788) is a nonprofit organization based in Charlotte, NC, classified under NTEE code F30. The organization reported total revenue of $869K and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sanctuary Counseling Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sanctuary Counseling Group is a small nonprofit that has been operating for 7 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $831K |
| Total Expenses | $901K |
| Surplus / Deficit | $-70,485 |
| Total Assets | $107K |
| Total Liabilities | $77K |
| Net Assets | $30K |
| Operating Margin | -8.5% |
| Debt-to-Asset Ratio | 72.3% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2023, Sanctuary Counseling Group reported a deficit of $70K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 72.3% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Sanctuary Counseling Group's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.2% | -7.7% | -24.4% |
| 2022 | -11.3% | +6.5% | -64.4% |
| 2021 | -20.0% | -18.7% | -22.2% |
| 2020 | +6.1% | +4.8% | +32.7% |
| 2019 | -7.0% | +2.7% | -19.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
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 Sanctuary Counseling Group with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Sanctuary Counseling Group allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $70K, with expenses exceeding revenue.
- Debt-to-asset ratio: 72.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for resource allocation towards the organization's mission.
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 Sanctuary Counseling Group's IRS 990 filings:
- Consistent operational deficits (e.g., $70,485 deficit in 2023, $254,920 deficit in 2022).
- Significant decline in assets over time (from $513,089 in 2017 to $107,018 in 2023).
- Liabilities have fluctuated but remain notable relative to assets (e.g., $77,373 liabilities vs. $107,018 assets in 2023).
Strengths
The following positive indicators were identified for Sanctuary Counseling Group:
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Long and consistent filing history (14 filings), demonstrating transparency and compliance.
- NTEE code F30 (Mental Health & Crisis Intervention) indicates a focus on a critical service area.
Frequently Asked Questions about Sanctuary Counseling Group
Is Sanctuary Counseling Group a legitimate charity?
Based on AI analysis of IRS 990 filings, Sanctuary Counseling Group (EIN: 208142788) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Sanctuary Counseling Group spend its money?
Sanctuary Counseling Group directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sanctuary Counseling Group tax-deductible?
Sanctuary Counseling Group is registered as a tax-exempt nonprofit (EIN: 208142788). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sanctuary Counseling Group financially sustainable?
The organization has consistently reported expenses exceeding revenue for several years (e.g., $901,209 expenses vs. $830,724 revenue in 2023), and its assets have significantly declined from $513,089 in 2017 to $107,018 in 2023, raising concerns about long-term financial sustainability.
How does Sanctuary Counseling Group manage its operational deficits?
The consistent operational deficits suggest the organization is either drawing down on reserves, relying on prior year surpluses, or securing other forms of funding not immediately apparent in the revenue figures to cover its expenses.
What is the trend in the organization's financial health?
The trend indicates a weakening financial position, characterized by persistent operational deficits and a substantial reduction in total assets over the past several years.
Filing History
IRS 990 filing history for Sanctuary Counseling Group showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Sanctuary Counseling Group's revenue has grown by 32.2%, moving from $628K to $831K. Total assets decreased by 55.7% over the same period, from $241K to $107K. Total functional expenses rose by 50.4%, from $599K to $901K. In its most recent filing year (2023), Sanctuary Counseling Group reported a deficit of $70K, with expenses exceeding revenue. The organization holds $77K in liabilities against $107K in assets (debt-to-asset ratio: 72.3%), resulting in net assets of $30K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $831K | $901K | $107K | $77K | — | — |
| 2022 | $721K | $976K | $141K | $41K | — | View 990 |
| 2021 | $813K | $916K | $397K | $246K | — | View 990 |
| 2020 | $1.0M | $1.1M | $511K | $258K | — | View 990 |
| 2019 | $957K | $1.1M | $385K | $41K | — | View 990 |
| 2018 | $1.0M | $1.0M | $476K | $38K | — | View 990 |
| 2017 | $1.1M | $1.1M | $513K | $49K | — | View 990 |
| 2016 | $1.0M | $968K | $482K | $44K | — | View 990 |
| 2015 | $871K | $813K | $398K | $12K | — | View 990 |
| 2014 | $760K | $717K | $349K | $9K | — | View 990 |
| 2013 | $771K | $727K | $307K | $9K | — | View 990 |
| 2012 | $667K | $666K | $261K | $7K | — | View 990 |
| 2011 | $690K | $657K | $277K | $0 | — | View 990 |
| 2010 | $628K | $599K | $241K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $831K, expenses of $901K, and assets of $107K (revenue +15.2% year-over-year).
- 2022: Revenue of $721K, expenses of $976K, and assets of $141K (revenue -11.3% year-over-year).
- 2021: Revenue of $813K, expenses of $916K, and assets of $397K (revenue -20.0% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $511K (revenue +6.1% year-over-year).
- 2019: Revenue of $957K, expenses of $1.1M, and assets of $385K (revenue -7.0% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.0M, and assets of $476K (revenue -3.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $513K (revenue +3.0% year-over-year).
- 2016: Revenue of $1.0M, expenses of $968K, and assets of $482K (revenue +18.6% year-over-year).
- 2015: Revenue of $871K, expenses of $813K, and assets of $398K (revenue +14.6% year-over-year).
- 2014: Revenue of $760K, expenses of $717K, and assets of $349K (revenue -1.4% year-over-year).
- 2013: Revenue of $771K, expenses of $727K, and assets of $307K (revenue +15.5% year-over-year).
- 2012: Revenue of $667K, expenses of $666K, and assets of $261K (revenue -3.3% year-over-year).
- 2011: Revenue of $690K, expenses of $657K, and assets of $277K (revenue +9.8% year-over-year).
- 2010: Revenue of $628K, expenses of $599K, and assets of $241K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sanctuary Counseling Group:
Data Sources and Methodology
This transparency report for Sanctuary Counseling Group 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.