Faithful Forgotten Best Friends

Analysis

Faithful Forgotten Best Friends is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in August 2012, 14 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, Faithful Forgotten Best Friends reported income of $113k and spending of $132k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $200k to $113k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Faithful Forgotten Best Friends sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Wild Hearts ($113k), East Kentucky Rescue Inc ($113k) and Parrot Posse ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.