Animal-Related
(D20)
IRS Verified
DX Registered
990 on File
SCARLET OAK FARMS INC
Financial strength (30%)
72/100
Reliability (20%)
45/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Scarlet Oak Farms is an approved 501(c)(3) nonprofit animal sanctuary operating in eastern North Carolina. The foundation of our work rests on the dream that one day animals will no longer be killed in pet shelters. Our focus is taking some of the shelter's "unadoptable" animals to our sanctuary and providing them with refuge and a place to heal. We are committed to proper care, rehabilitation, and patience to help these animals transition into their forever home on the farm.
Financial Overview — FY 2024
$69K
Total Revenue
$57K
Total Expenses
$50K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.2%
Fundraising Efficiency
N/A
Operating Reserve
10.39x
Liability-to-Asset
0.0%
Revenue Diversification
100.0%
Compared with Peers
FY 2024
Compared with 3,942 similar organizations
(United States, Animal-Related, under $100K in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
93.2% | 90.6% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.4 mo | 9.6 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 99.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-5.2% | -0.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
50.8% | -1.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
16.5% | 5.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $69K | $57K | $50K | 93.2% | — |
| 2023 | $72K | $38K | $44K | 88.7% | — |
| 2022 | $45K | $47K | $9K | 100.0% | — |
| 2021 | $30K | $23K | $11K | 100.0% | — |
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