Roanoke Valley Horse Rescue Inc

Analysis

Roanoke Valley Horse Rescue Inc is a registered charity in United States, based in Hardy, VA. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Roanoke Valley Horse Rescue Inc reported income of $313k and spending of $237k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $353k to $313k (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Roanoke Valley Horse Rescue Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Paws to Care Inc ($313k), A Forever-Home Rescue Foundation ($313k) and Amory Humane Society ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $57k (24% of expenses). Other salaries and wages came to $1,251. At year end it held assets of $392k against liabilities of $150k, net assets of $242k. It reported 2 employees.