A Reason to Believe Animal Rescue Inc

Analysis

A Reason to Believe Animal Rescue Inc is a registered charity in United States, based in Lenore, WV. It received its IRS tax-exemption ruling in January 2017, 9 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 2022, A Reason to Believe Animal Rescue Inc reported income of $53k and spending of $36k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $112k to $53k (-53%), an average of -53% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 98% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, A Reason to Believe Animal Rescue Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within WV. Charities of a similar size with the same main cause include Spay to Save ($53k), Furry Animals Being Saved Rescue Inc ($53k) and Henrys Hope Foundation Inc ($53k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.