Companion Rabbit Network

Analysis

Companion Rabbit Network is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in March 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 (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, Companion Rabbit Network reported income of $78k and spending of $83k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $78k (-8.3%), an average of -8.3% a year. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Companion Rabbit Network sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include Grove City Area Pet Rescue ($78k), Minnesota Wisconsin Collie Rescue ($78k) and Great Pyrenees Club of America ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $62k against liabilities of $2,084, net assets of $60k.