New England Equine Rescue - North

Analysis

New England Equine Rescue - North is a registered charity in United States, based in West Newbury, MA. It received its IRS tax-exemption ruling in March 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, New England Equine Rescue - North reported income of $594k and spending of $514k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $235k to $594k (+153%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 85% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, New England Equine Rescue - North sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Jasper Animal Rescue Mission ($593k), Friends of Freeland Foundation ($595k) and Trout Unlimited ($593k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $40k (7.8% of expenses). Other salaries and wages came to $34k. At year end it held assets of $1.3m against liabilities of $326k, net assets of $961k. It reported 6 employees.