Nalas New Life Rescue Inc

Analysis

Nalas New Life Rescue Inc is a registered charity in United States, based in Palm City, FL. It received its IRS tax-exemption ruling in May 2011, 15 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, Nalas New Life Rescue Inc reported income of $351k and spending of $377k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $493k to $351k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 90% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Nalas New Life Rescue Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Buckeye Bulldog Rescue ($350k), Icare Dog Rescue ($351k) and Love Pit ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $34k (8.9% of expenses). Other salaries and wages came to $35k. At year end it held assets of $255k against liabilities of $49k, net assets of $206k. It reported 6 employees.