Triangle Beagle Rescue of NC Inc

Analysis

Triangle Beagle Rescue of NC Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in May 2002, 24 years ago. 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, Triangle Beagle Rescue of NC Inc reported income of $531k and spending of $513k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $531k (+103%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Triangle Beagle Rescue of NC Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Tthi of New England Inc ($531k), South Buffalo Community Association Inc ($531k) and Washington Heads of Office Leadership Council ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. At year end it held assets of $322k against liabilities of $0, net assets of $322k.