Friends of Animal Rescue

Analysis

Friends of Animal Rescue is a registered charity in United States, based in S Padre Isle, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Friends of Animal Rescue reported income of $566k and spending of $579k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $871k to $566k (-35%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 83% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Animal Rescue sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Animal Shelter Society Inc ($565k), Lakeshore Humane Society Inc ($566k) and Grass Roots Rescue ($565k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 42% and program service revenue 1.6% of the total. Other salaries and wages came to $332k. At year end it held assets of $961k against liabilities of $422k, net assets of $539k. It reported 23 employees.