Furry Friends Refuge

Analysis

Furry Friends Refuge is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in April 2008, 18 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, Furry Friends Refuge reported income of $490k and spending of $293k, leaving 40% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $469k to $490k (+4.5%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 61% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Furry Friends Refuge sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within IA. Charities of a similar size with the same main cause include Nicolinas Wishes Charitable Foundation ($489k), Noah Project ($490k) and Mutt Scouts ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $19k (6.5% of expenses). Other salaries and wages came to $116k. At year end it held assets of $2.3m against liabilities of $351k, net assets of $1.9m. It reported 10 employees.