Friends of a Legacy-The McCullough Peaks Mustangs

Analysis

Friends of a Legacy-The McCullough Peaks Mustangs is a registered charity in United States, based in Cody, WY. It received its IRS tax-exemption ruling in February 2006, 20 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 a Legacy-The McCullough Peaks Mustangs reported income of $52k and spending of $68k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $125k to $52k (-58%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 67%. Over the whole period it spent 64% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of a Legacy-The McCullough Peaks Mustangs sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within WY. Charities of a similar size with the same main cause include One Starfish Rehoming Connections Inc ($52k), Lucky You Animal Rescue Inc ($52k) and Panama City Beach Paws & Claws Inc ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $25k (37% of expenses). At year end it held assets of $367k against liabilities of $1,428, net assets of $366k. It reported 1 employees.