Monroe County Friends of Animals

Analysis

Monroe County Friends of Animals is a registered charity in United States, based in Madisonville, TN. 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, Monroe County Friends of Animals reported income of $1.9m and spending of $417k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $693k to $1.9m (+172%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 287%. Over the whole period it spent 33% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Monroe County Friends of Animals sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within TN. Charities of a similar size with the same main cause include Humane Ohio ($1.9m), Kalamazoo County Humane Society ($1.9m) and Antietam Humane Society ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $34k (8.2% of expenses). At year end it held assets of $5.9m against liabilities of $617k, net assets of $5.3m. It reported 1 employees.