Friends of Montgomery County Animals Inc

Analysis

Friends of Montgomery County Animals Inc is a registered charity in United States, based in Germantown, MD. It received its IRS tax-exemption ruling in October 1976, 50 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 of Montgomery County Animals Inc reported income of $294k and spending of $163k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $294k (+203%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 161%. Over the whole period it spent 81% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Montgomery County Animals Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include Whitman County Humane Society Inc ($293k), Petaluma Pet Pals ($294k) and Mid Hudson Animal Aid Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. At year end it held assets of $295k against liabilities of $8,158, net assets of $287k.