Southport-Oak Island Animal Rescue

Analysis

Southport-Oak Island Animal Rescue is a registered charity in United States, based in Southport, NC. It received its IRS tax-exemption ruling in September 1999, 27 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, Southport-Oak Island Animal Rescue reported income of $142k and spending of $137k, spending 97% of its income. Across the 4 years on record, from December 2018 to December 2023, income fell from $325k to $142k (-56%), an average of -24% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 53% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Southport-Oak Island Animal Rescue sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Born Again Pit Bull Rescue ($142k), Animal Resources of Tidewater ($142k) and Brazos Extension Horse Committee ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $34k (25% of expenses). At year end it held assets of $304k against liabilities of $67k, net assets of $237k. It reported 1 employees.