Animal Adoption and Rescue Foundation of Winston-Salem Inc

Analysis

Animal Adoption and Rescue Foundation of Winston-Salem Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in August 1996, 30 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, Animal Adoption and Rescue Foundation of Winston-Salem Inc reported income of $577k and spending of $633k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $577k (-49%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 257%. Over the whole period it spent 44% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Animal Adoption and Rescue Foundation of Winston-Salem 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 Greyhound Adoption League of Texas Inc ($576k), Virginia Federation of Humane ($577k) and Anderson County Humane Society Inc ($576k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Other salaries and wages came to $256k. At year end it held assets of $3.6m against liabilities of $61k, net assets of $3.5m. It reported 18 employees.