Sanctuary For Families Inc
Sanctuary For Families Inc shows strong asset growth and zero reported officer compensation, despite a recent operating deficit.
EIN: 133193119 · New York, NY · NTEE: P43Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $32.7M |
| Total Expenses | $29.1M |
| Program Spending | 80% |
| Net Assets | $25.3M |
| Transparency Score | 85/100 |
Is Sanctuary For Families Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sanctuary For Families Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sanctuary For Families Inc
Sanctuary For Families Inc (EIN: 133193119) is a nonprofit organization based in New York, NY, classified under NTEE code P43Z. The organization reported total revenue of $32.7M and total assets of $44.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sanctuary For Families Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sanctuary For Families Inc is a large nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.3M |
| Total Expenses | $29.1M |
| Surplus / Deficit | $-1,768,483 |
| Total Assets | $45.9M |
| Total Liabilities | $20.6M |
| Net Assets | $25.3M |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 45.0% |
| Months of Reserves | 19.0 months |
Financial Health Grade: B
In 2023, Sanctuary For Families Inc reported a deficit of $1.8M with expenses exceeding revenue, holds 19.0 months of operating reserves (strong position), has a debt-to-asset ratio of 45.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sanctuary For Families Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.7% | +5.8% | +44.6% |
| 2022 | +31.1% | +7.7% | +21.2% |
| 2021 | +4.2% | -3.5% | +11.8% |
| 2020 | +13.4% | +8.9% | +36.0% |
| 2019 | -15.3% | +6.6% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 For Families Inc with a Mission Score of 85 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: 12%
- programs: 80%
- fundraising: 8%
According to IRS 990 filings, Sanctuary For Families Inc allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. With 80% 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 $1.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 45.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that top executives either volunteer their time or their compensation is not categorized under 'Officer Comp' in the provided data. If accurate, this indicates a strong commitment to directing funds towards programmatic activities rather than executive salaries.
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 For Families Inc's IRS 990 filings:
- Operating deficit in 2023 ($29,051,393 expenses vs. $27,282,910 revenue)
- Significant increase in liabilities in 2023 to $20,641,906, requiring further clarification
Strengths
The following positive indicators were identified for Sanctuary For Families Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship or volunteer leadership.
- Strong asset growth from $10.4 million in 2014 to $44.0 million currently, demonstrating financial stability.
- History of significant revenue generation, with a peak of $36.7 million in 2022.
- Positive net assets, with assets consistently exceeding liabilities in most periods.
Frequently Asked Questions about Sanctuary For Families Inc
Is Sanctuary For Families Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sanctuary For Families Inc (EIN: 133193119) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Sanctuary For Families Inc spend its money?
Sanctuary For Families Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sanctuary For Families Inc tax-deductible?
Sanctuary For Families Inc is registered as a tax-exempt nonprofit (EIN: 133193119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sanctuary For Families Inc's spending goes to programs?
Sanctuary For Families Inc directs 80% to programs, 8% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sanctuary For Families Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sanctuary For Families Inc is above average for NTEE category P43Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sanctuary For Families Inc located?
Sanctuary For Families Inc is headquartered in New York, New York and files with the IRS under EIN 133193119. It is classified under NTEE code P43Z.
How many years of IRS 990 filings does Sanctuary For Families Inc have?
Sanctuary For Families 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 $32.7M in total revenue.
What caused the significant increase in liabilities to $20,641,906 in 2023?
The provided data does not specify the nature of the increased liabilities in 2023. Further investigation into the full IRS 990 filing for that period would be necessary to understand if this relates to new programs, capital expenditures, or other financial obligations.
How does Sanctuary For Families Inc sustain operations with 0% reported officer compensation?
The 0% reported officer compensation could mean that executive leadership is entirely volunteer-based, or that their compensation is covered by a related entity, or reported under a different expense category not captured by the 'Officer Comp' field in this summary. A review of the full 990 would clarify this.
What was the specific breakdown of program, administrative, and fundraising expenses in the latest fiscal year?
The provided summary data does not include the detailed functional expense breakdown. A full IRS 990 filing would contain Schedule O or Part IX, which details these specific expenditures.
Filing History
IRS 990 filing history for Sanctuary For Families Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sanctuary For Families Inc's revenue has grown by 116.4%, moving from $12.6M to $27.3M. Total assets increased by 333.6% over the same period, from $10.6M to $45.9M. Total functional expenses rose by 120.9%, from $13.2M to $29.1M. In its most recent filing year (2023), Sanctuary For Families Inc reported a deficit of $1.8M, with expenses exceeding revenue. The organization holds $20.6M in liabilities against $45.9M in assets (debt-to-asset ratio: 45.0%), resulting in net assets of $25.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.3M | $29.1M | $45.9M | $20.6M | — | View 990 |
| 2022 | $36.7M | $27.5M | $31.7M | $4.7M | — | View 990 |
| 2021 | $28.0M | $25.5M | $26.2M | $8.4M | — | View 990 |
| 2020 | $26.9M | $26.4M | $23.4M | $8.1M | — | View 990 |
| 2019 | $23.7M | $24.3M | $17.2M | $2.4M | — | View 990 |
| 2018 | $28.0M | $22.8M | $17.4M | $2.1M | — | View 990 |
| 2017 | $21.1M | $21.0M | $11.6M | $1.3M | — | View 990 |
| 2016 | $19.5M | $20.5M | $11.6M | $1.4M | — | View 990 |
| 2015 | $20.4M | $18.4M | $12.7M | $1.5M | — | View 990 |
| 2014 | $15.7M | $15.4M | $10.4M | $1.2M | — | View 990 |
| 2013 | $14.2M | $14.2M | $9.6M | $737K | — | View 990 |
| 2012 | $12.7M | $13.7M | $9.9M | $902K | — | View 990 |
| 2011 | $12.6M | $13.2M | $10.6M | $645K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.3M, expenses of $29.1M, and assets of $45.9M (revenue -25.7% year-over-year).
- 2022: Revenue of $36.7M, expenses of $27.5M, and assets of $31.7M (revenue +31.1% year-over-year).
- 2021: Revenue of $28.0M, expenses of $25.5M, and assets of $26.2M (revenue +4.2% year-over-year).
- 2020: Revenue of $26.9M, expenses of $26.4M, and assets of $23.4M (revenue +13.4% year-over-year).
- 2019: Revenue of $23.7M, expenses of $24.3M, and assets of $17.2M (revenue -15.3% year-over-year).
- 2018: Revenue of $28.0M, expenses of $22.8M, and assets of $17.4M (revenue +32.5% year-over-year).
- 2017: Revenue of $21.1M, expenses of $21.0M, and assets of $11.6M (revenue +8.6% year-over-year).
- 2016: Revenue of $19.5M, expenses of $20.5M, and assets of $11.6M (revenue -4.4% year-over-year).
- 2015: Revenue of $20.4M, expenses of $18.4M, and assets of $12.7M (revenue +30.0% year-over-year).
- 2014: Revenue of $15.7M, expenses of $15.4M, and assets of $10.4M (revenue +10.2% year-over-year).
- 2013: Revenue of $14.2M, expenses of $14.2M, and assets of $9.6M (revenue +11.5% year-over-year).
- 2012: Revenue of $12.7M, expenses of $13.7M, and assets of $9.9M (revenue +1.1% year-over-year).
- 2011: Revenue of $12.6M, expenses of $13.2M, and assets of $10.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sanctuary For Families Inc:
Data Sources and Methodology
This transparency report for Sanctuary For Families 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.