Borderless Friends Forever Foundation

Analysis

Borderless Friends Forever Foundation is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in February 2015, 11 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 2023, Borderless Friends Forever Foundation reported income of $880k and spending of $978k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $623k to $880k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 263%. 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, Borderless Friends Forever Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Dezzys Second Chance Animal Rescue ($880k), Center Valley Animal Rescue ($880k) and Humane Assoc of Central Ny Inc ($880k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $154k (16% of expenses). Other salaries and wages came to $216k. At year end it held assets of $531k against liabilities of $144k, net assets of $387k. It reported 6 employees.