Foundation for Animal Care Andeducation

Analysis

Foundation for Animal Care Andeducation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Foundation for Animal Care Andeducation reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.4m (+75%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foundation for Animal Care Andeducation sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Community Musicworks ($2.4m), MPB Foundation ($2.4m) and Georgetown Palace Theatre Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $477k. At year end it held assets of $1.7m against liabilities of $326k, net assets of $1.4m. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.