Friends of Animals in Need

Analysis

Friends of Animals in Need is a registered charity in United States, based in N Kingstown, RI. It received its IRS tax-exemption ruling in January 2005, 21 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 Animals in Need reported income of $158k and spending of $119k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $158k (+72%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 94% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Animals in Need sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within RI. Charities of a similar size with the same main cause include Vets to Vets United Inc ($158k), Cottontail Cottage Farm Sanctuary ($158k) and Friends of Faye ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $97k against liabilities of $11k, net assets of $86k.