Friends of Rescue Inc

Analysis

Friends of Rescue Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in August 2010, 16 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 Rescue Inc reported income of $263k and spending of $240k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $360k to $263k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2021, when income dropped by 21%. Over the whole period it spent 87% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Rescue Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within AL. Charities of a similar size with the same main cause include Ho-Bo Care Boxer Rescue ($263k), St Sophias Forgotten Felines ($263k) and Wags Rescue & Referral ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $442k against liabilities of $163k, net assets of $279k.