Floyd County Animal Rescue League

Analysis

Floyd County Animal Rescue League is a registered charity in United States, based in New Albany, IN. It received its IRS tax-exemption ruling in June 1988, 38 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, Floyd County Animal Rescue League reported income of $117k and spending of $132k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $117k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2022, when income rose by 146%. Over the whole period it spent 144% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Floyd County Animal Rescue League sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Spay the Strays Inc ($117k), Nine and Half Lives Cat Rescue ($117k) and Code Red Animal Project Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 17% of the total. Other salaries and wages came to $22k. At year end it held assets of $446k against liabilities of $46k, net assets of $400k. It reported 1 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.