Friends of Strays Inc

Analysis

Friends of Strays Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in February 1982, 44 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 Strays Inc reported income of $1.8m and spending of $2.1m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $694k to $1.8m (+155%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 541%. Over the whole period it spent 68% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Strays Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Florida Wildlife Federation ($1.8m), Voice for the Needy Inc ($1.8m) and International Primate Protection League ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $76k (3.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.6m against liabilities of $34k, net assets of $5.5m. It reported 38 employees.