Friends of the Animal Center Foundation

Analysis

Friends of the Animal Center Foundation is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in December 2001, 25 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 June 2023, Friends of the Animal Center Foundation reported income of $499k and spending of $308k, leaving 38% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $330k to $499k (+51%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 53% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of the Animal Center Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within IA. Charities of a similar size with the same main cause include Humane Society of Summit County Foundation ($499k), Angels with Paws ($500k) and Heal Animal Rescue ($499k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $62k (20% of expenses). Other salaries and wages came to $27k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 2 employees.