New 2 U Rescues Inc

Analysis

New 2 U Rescues Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New 2 U Rescues Inc reported income of $141k and spending of $141k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $141k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 101% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, New 2 U Rescues Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Heart of America Kennel Club Inc ($141k), Surf Cat Ranch Feral Cat Rescue ($141k) and Dharma Rescue for Cats and Dogs ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.