Taras House Animal Rescue Inc

Analysis

Taras House Animal Rescue Inc is a registered charity in United States, based in Sykesville, MD. It received its IRS tax-exemption ruling in September 2002, 24 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, Taras House Animal Rescue Inc reported income of $81k and spending of $85k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $104k to $81k (-23%), an average of -8.2% a year. The sharpest change came in the year to December 2021, when income dropped by 38%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Taras House Animal Rescue Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within MD. Charities of a similar size with the same main cause include Feline Fine Cat Rescue ($81k), Arizona Equine Rescue Organization Inc ($81k) and Communities Promoting Animal Welfare NJ a New Jersey Nonprofit ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.