Gerdas Equine Rescue Inc

Analysis

Gerdas Equine Rescue Inc is a registered charity in United States, based in W Townshend, VT. It received its IRS tax-exemption ruling in January 2006, 20 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, Gerdas Equine Rescue Inc reported income of $443k and spending of $456k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $340k to $443k (+30%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Gerdas Equine Rescue Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 62nd percentile within VT. Charities of a similar size with the same main cause include Bighorn Institute ($442k), Boone Area Humane Society Inc ($443k) and Delaware Society for the Prevention of Cruelty to Animals ($442k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.1% of the total. Other salaries and wages came to $74k. It paid $1,036 in professional fundraising fees. At year end it held assets of $102k against liabilities of $89k, net assets of $13k. It reported 3 employees.