Friends of Rescue Animals

Analysis

Friends of Rescue Animals is a registered charity in United States, based in Rowlett, TX. It received its IRS tax-exemption ruling in June 2005, 21 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 August 2023, Friends of Rescue Animals reported income of $159k and spending of $180k, spending 113% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $191k to $159k (-17%), an average of -17% a year. The sharpest change came in the year to August 2023, when income dropped by 17%. Over the whole period it spent 106% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Rescue Animals sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Miracle German Shepherd Dog Rescue of Maine ($159k), Friends of Bergen County Animal Shelter ($159k) and Half Way to Home Inc ($159k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.