Proverbs 12 10 Animal Rescue & Adoption

Analysis

Proverbs 12 10 Animal Rescue & Adoption is a registered charity in United States, based in Burns, TN. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Proverbs 12 10 Animal Rescue & Adoption reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $845k to $1.3m (+49%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Proverbs 12 10 Animal Rescue & Adoption sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include African People & Wildlife Fund Inc ($1.3m), TMR Rescue Inc ($1.3m) and Elephant Aid International ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $50k (4.2% of expenses). Other salaries and wages came to $236k. At year end it held assets of $391k against liabilities of $19k, net assets of $372k. It reported 6 employees.