Friends of the Stokes Shelter Inc

Analysis

Friends of the Stokes Shelter Inc is a registered charity in United States, based in Walnut Cove, NC. It received its IRS tax-exemption ruling in August 2013, 13 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 the Stokes Shelter Inc reported income of $144k and spending of $146k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $182k to $144k (-21%), an average of -7.6% a year. The sharpest change came in the year to December 2021, when income dropped by 33%. Over the whole period it spent 74% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of the Stokes Shelter Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Meow Parlour Cats Inc ($144k), A Kitten Place Inc ($144k) and Frankie Lola and Friends ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 20% of the total. Other salaries and wages came to $56k. At year end it held assets of $609k against liabilities of $0, net assets of $609k. It reported 3 employees.