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Center for Animal Research and Education Inc

RegisteredEIN 03-0520301Bridgeport, TXAnimals
Income$564k2023-12
Spending$592ksame year
Spent / received91%5-year average
Size in its cause82nd pctAnimals
Exempt since2004Publicly supported organisat
Employees3latest return

Analysis

Center for Animal Research and Education Inc is a registered charity in United States, based in Bridgeport, TX. It received its IRS tax-exemption ruling in April 2004, 22 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, Center for Animal Research and Education Inc reported income of $564k and spending of $592k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $564k (+85%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 91% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Center for Animal Research and Education Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Felines & Friends New Mexico ($564k), Pet Pride ($565k) and Shelter Animals Count - a National Database Initiative ($564k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $74k. At year end it held assets of $477k against liabilities of $3,844, net assets of $473k. It reported 3 employees.

Income and spending

$0$148k$296k$444k$592k2019 Income: $304,2202019 Spending: $281,43820192020 Income: $390,2292020 Spending: $258,81620202021 Income: $353,9162021 Spending: $301,23420212022 Income: $292,8992022 Spending: $302,79420222023 Income: $564,3212023 Spending: $592,1842023
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Other 8.4%

Similar-sized charities, same cause

CharityLocationIncome
Felines & Friends New MexicoSanta Fe$564k
Pet PrideCulver City$565k
Shelter Animals Count - a National Database InitiativeAtlanta$564k
Grass Roots RescueMilton$565k