Feline Rescue Network Inc

Analysis

Feline Rescue Network Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Feline Rescue Network Inc reported income of $100k and spending of $110k, spending 111% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income fell from $112k to $100k (-11%), an average of -2.4% a year. The sharpest change came in the year to March 2020, when income rose by 61%. Over the whole period it spent 104% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Feline Rescue Network Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within CO. Charities of a similar size with the same main cause include Mountains Humane Society ($100k), A Heart for Animals Inc ($100k) and Tail Wags & Book Bags ($99k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $9,698 (8.8% of expenses). Other salaries and wages came to $8,835. At year end it held assets of $214k against liabilities of $160k, net assets of $54k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.