Overview of Animal Sanctuaries
As you probably know, almost all animal sanctuaries are 501(c)(3) nonprofit entities in the United States. The sanctuaries receive donations to help fund their activities and can also secure financing from government and other sources.
Difference Between Sanctuaries and Zoos
The main difference between a sanctuary and a zoo is that sanctuaries provide a safe haven for animals to live freely, while zoos confine animals for entertainment and educational purposes.
Importance of Financial Sustainability
Understanding the financial performance of animal sanctuary businesses in the US is crucial for analyzing the industry as a whole and determining the average annual revenue.
Animal Sanctuary Funding and Operations
Most animal sanctuaries make money through donations from the public, sales from gift shops, and fees charged for educational programs and tours. The national average for new animal shelters’ construction cost is $138 per square foot.
Starting an Animal Sanctuary
Starting an animal sanctuary requires capital investment for land, buildings, equipment, and staff. Proper planning is essential for passionate founders to make their dream of operating an animal sanctuary a reality.