Headwaters Chapter 12 of Muskies Inc

Analysis

Headwaters Chapter 12 of Muskies Inc is a registered charity in United States, based in Eagle River, WI. It received its IRS tax-exemption ruling in January 2023, 3 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, Headwaters Chapter 12 of Muskies Inc reported income of $79k and spending of $76k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $79k (+23%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Headwaters Chapter 12 of Muskies Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within WI. Charities of a similar size with the same main cause include Forgotten Friends-Mixed Breed Rescue Inc ($79k), Sav-R-Cats International Inc ($79k) and Delaware Valley Raptor Center Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 60% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.