Changing Fates Equine Rescue of Delaware Inc

Analysis

Changing Fates Equine Rescue of Delaware Inc is a registered charity in United States, based in Laurel, DE. It received its IRS tax-exemption ruling in December 2005, 21 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, Changing Fates Equine Rescue of Delaware Inc reported income of $52k and spending of $65k, spending 124% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $46k to $52k (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 567%. Over the whole period it spent 77% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Changing Fates Equine Rescue of Delaware Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within DE. Charities of a similar size with the same main cause include Cape Fear Parrot Sanctuary Inc ($52k), Palm Beach Foster Dog Project Inc ($52k) and Animal Zone International Inc ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 8.4% of the total. At year end it held assets of $436k against liabilities of $0, net assets of $436k.