Mylestone Equine Rescue a New Jersey Non-Profit Corporation

Analysis

Mylestone Equine Rescue a New Jersey Non-Profit Corporation is a registered charity in United States, based in Phillipsburg, NJ. It received its IRS tax-exemption ruling in September 1994, 32 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, Mylestone Equine Rescue a New Jersey Non-Profit Corporation reported income of $453k and spending of $423k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $536k to $453k (-16%), an average of -4.1% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 84% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Mylestone Equine Rescue a New Jersey Non-Profit Corporation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Pet Central Helps ($452k), Bluemont Sanctuary ($453k) and Fur Babies Adoptions ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $32k (7.6% of expenses). Other salaries and wages came to $95k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 6 employees.