Friends of Somerset Regional Animal Shelter Inc

Analysis

Friends of Somerset Regional Animal Shelter Inc is a registered charity in United States, based in Bridgewater, NJ. It received its IRS tax-exemption ruling in March 2002, 24 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, Friends of Somerset Regional Animal Shelter Inc reported income of $141k and spending of $134k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $211k to $141k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 74% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Somerset Regional Animal Shelter Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Southern California Labrador Retriever Rescue ($141k), Friends of Jacksonville Animals Inc ($141k) and Shepherds Green Sanctuary ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $300k against liabilities of $0, net assets of $300k.