Friends of Rabbits Inc

Analysis

Friends of Rabbits Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in November 1998, 28 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, Friends of Rabbits Inc reported income of $229k and spending of $231k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $197k to $229k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 83% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Rabbits Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Col Potter Cairn Rescue Network ($228k), Furry Elite Dog Rescue ($229k) and Asar Training and Response Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $32k (14% of expenses). Other salaries and wages came to $30k. At year end it held assets of $249k against liabilities of $7,140, net assets of $242k. It reported 6 employees.