Wag Animal Rescue

Analysis

Wag Animal Rescue is a registered charity in United States, based in Wyandotte, MI. It received its IRS tax-exemption ruling in October 1989, 37 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, Wag Animal Rescue reported income of $195k and spending of $199k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $195k (+277%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 109%. Over the whole period it spent 137% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Wag Animal Rescue sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Carolinas Great Pyrenees Rescue Inc ($195k), Northwest Florida Great Dane Rescue Inc ($195k) and Carolina Loving Hound Rescue ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 50% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.

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.