Friends of the Shelter Inc

Analysis

Friends of the Shelter Inc is a registered charity in United States, based in Basking Ridge, NJ. It received its IRS tax-exemption ruling in April 1996, 30 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 June 2024, Friends of the Shelter Inc reported income of $68k and spending of $70k, spending 103% of its income. Across the 3 years on record, from August 2019 to June 2024, income fell from $109k to $68k (-38%), an average of -21% a year. The sharpest change came in the year to June 2024, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of the Shelter Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Benicia Makerspace ($68k), Texas Kennel Club Inc ($68k) and Smitten Stables ($68k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.