Mitchell County Animal Rescue Inc

Analysis

Mitchell County Animal Rescue Inc is a registered charity in United States, based in Spruce Pine, NC. It received its IRS tax-exemption ruling in June 1985, 41 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, Mitchell County Animal Rescue Inc reported income of $569k and spending of $502k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $424k to $569k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose 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, Mitchell County Animal Rescue Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Fixgeorgiapets Inc ($568k), Wolf Hollow Wildlife Rehabilitation Centre ($569k) and Kentucky Reptile Zoo ($568k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $41k (8.3% of expenses). Other salaries and wages came to $146k. At year end it held assets of $792k against liabilities of $49k, net assets of $743k. It reported 10 employees.