Animal Friends Rescue Project

Analysis

Animal Friends Rescue Project is a registered charity in United States, based in Pacific Grove, CA. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Animal Friends Rescue Project reported income of $1.2m and spending of $1.4m, spending 114% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $1.7m to $1.2m (-31%), an average of -7.2% a year. The sharpest change came in the year to December 2022, when income rose by 126%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Animal Friends Rescue Project 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 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include B a C a International Inc ($1.2m), Open Door Outreach Center Inc ($1.2m) and Quest Therapeutic Services Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $64k (4.7% of expenses). Other salaries and wages came to $620k. At year end it held assets of $4.3m against liabilities of $303k, net assets of $4.0m. It reported 23 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.