Friends of Wake County Animal Center Inc

Analysis

Friends of Wake County Animal Center Inc is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in September 2016, 10 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 Wake County Animal Center Inc reported income of $190k and spending of $162k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $162k to $190k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. 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, Friends of Wake County Animal Center Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Rescue Rehome Repeat of South Louisiana ($190k), Passion 4 Pits Rescue Inc ($190k) and Hounds Haven Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.