Equine Rescue and Adoption Foundation Inc

Analysis

Equine Rescue and Adoption Foundation Inc is a registered charity in United States, based in Palm City, FL. It received its IRS tax-exemption ruling in December 2000, 26 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 March 2024, Equine Rescue and Adoption Foundation Inc reported income of $413k and spending of $431k, spending 104% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $496k to $413k (-17%), an average of -4.5% a year. The sharpest change came in the year to March 2024, when income dropped by 40%. Over the whole period it spent 83% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Equine Rescue and Adoption Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Morgan County Humane Society Inc ($413k), Casa Dog ($414k) and Jack Creek Preserve Foundation Inc ($413k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 76% and program service revenue 21% of the total. Other salaries and wages came to $164k. At year end it held assets of $1.2m against liabilities of $481k, net assets of $717k. It reported 13 employees.