Friends of Madison County Animals

Analysis

Friends of Madison County Animals is a registered charity in United States, based in Marshall, NC. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Madison County Animals reported income of $116k and spending of $111k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $116k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Madison County Animals sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Cat Crusaders ($116k), Marin Friends of Ferals ($116k) and Gods Feral Felines Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. At year end it held assets of $145k against liabilities of $387, net assets of $145k.