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Carolina Animal Rescue & Adoption Inc

RegisteredEIN 58-1502865Sanford, NCAnimals
Income$223k2023-06
Spending$237ksame year
Spent / received91%2-year average
Size in its cause65th pctAnimals
Exempt since1983Publicly supported organisat
Employees15latest return

Analysis

Carolina Animal Rescue & Adoption Inc is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in August 1983, 43 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 June 2023, Carolina Animal Rescue & Adoption Inc reported income of $223k and spending of $237k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $230k to $223k (-3.0%), an average of -3.0% a year. Over the whole period it spent 91% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Carolina Animal Rescue & Adoption Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include National Foundation for Animal Rescue ($223k), Julianas Animal Sanctuary Inc ($223k) and Ausable Valley Animal Shelter ($223k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 17% of the total. Other salaries and wages came to $88k. At year end it held assets of $377k against liabilities of $10k, net assets of $367k. It reported 15 employees.

Income and spending

$0$59k$119k$178k$237k2022 Income: $229,7912022 Spending: $172,96920222023 Income: $222,8152023 Spending: $237,2022023
IncomeSpending

Where the income comes from

  • Contributions & grants 66%
  • Program services 17%
  • Other 17%

Similar-sized charities, same cause

CharityLocationIncome
National Foundation for Animal RescueMahwah$223k
Julianas Animal Sanctuary IncGaithersburg$223k
Ausable Valley Animal ShelterGrayling$223k
Sanctuary for Senior DogsCleveland$223k