Miami Animal Rescue Inc

Analysis

Miami Animal Rescue Inc is a registered charity in United States, based in Palmetto Bay, FL. It received its IRS tax-exemption ruling in January 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 (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, Miami Animal Rescue Inc reported income of $386k and spending of $283k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $157k to $386k (+147%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 93%. Over the whole period it spent 88% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Miami Animal Rescue Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Kitty Cottage Adoption Center Inc ($386k), Woodlands Wildlife Refuge Inc ($386k) and Shelter to Home Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $12k (4.2% of expenses). At year end it held assets of $400k against liabilities of $350k, net assets of $50k. It reported 1 employees.