Friends for Life Cat Rescue Inc
Analysis
Friends for Life Cat Rescue Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in January 2009, 17 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, Friends for Life Cat Rescue Inc reported income of $79k and spending of $73k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $79k (+8.5%), an average of +8.5% a year. Over the whole period it spent 87% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Friends for Life Cat Rescue Inc 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 31st percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include We Adopt Greyhounds Inc ($79k), Kay E McFarland Charitable TR ($79k) and New Leash on Life ($79k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 49% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.
Income and spending
Where the income comes from
- Contributions & grants 47%
- Program services 49%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| We Adopt Greyhounds Inc | Glastonbury | $79k |
| Kay E McFarland Charitable TR | Topeka | $79k |
| New Leash on Life | Safford | $79k |
| Aslans Cats Inc | Verbank | $79k |