Friends for Animals of Metro Detroit

Analysis

Friends for Animals of Metro Detroit is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in October 2000, 26 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 for Animals of Metro Detroit reported income of $3.2m and spending of $2.5m, leaving 23% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.1m to $3.2m (+51%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 79% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends for Animals of Metro Detroit sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include New Hampshire SPCA ($3.2m), Saving Hope Animal Rescue Fund ($3.2m) and Alaska Fisheries Development Foundation Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $140k (5.7% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $10.2m against liabilities of $1.3m, net assets of $8.9m. It reported 75 employees.