Panhandle Equine Rescue Inc

Analysis

Panhandle Equine Rescue Inc is a registered charity in United States, based in Cantonment, FL. It received its IRS tax-exemption ruling in August 2005, 21 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, Panhandle Equine Rescue Inc reported income of $53k and spending of $50k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $53k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 104% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Panhandle Equine Rescue Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include Boggs Doggs Canine Crisis Center ($53k), Straw for Dogs ($53k) and Mountain Cats TNR Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $50k against liabilities of $191, net assets of $50k.