Friends of Metro Animal Services Inc

Analysis

Friends of Metro Animal Services Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 2007, 19 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 Metro Animal Services Inc reported income of $319k and spending of $160k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $678k to $319k (-53%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 169%. Over the whole period it spent 59% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Metro Animal Services Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within KY. Charities of a similar size with the same main cause include Charlies Angels Animal Rescue ($318k), Fur-Angel Foundation ($319k) and Social Tees Animal Rescue Foundation ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $67k (42% of expenses). At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.