Tip Me Frederick Inc

Analysis

Tip Me Frederick Inc is a registered charity in United States, based in Walkersville, MD. It received its IRS tax-exemption ruling in November 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, Tip Me Frederick Inc reported income of $128k and spending of $152k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $128k (-1.0%), an average of -1.0% a year. Over the whole period it spent 114% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Tip Me Frederick Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within MD. Charities of a similar size with the same main cause include Ghost Town Dogs 1 Inc ($128k), Rabbit Advocates ($128k) and Mutt Madness of the Ms Delta ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 3.4% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.