Korean K9 Rescue Inc

Analysis

Korean K9 Rescue Inc is a registered charity in United States, based in Middle VLG, NY. It received its IRS tax-exemption ruling in July 2018, 8 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, Korean K9 Rescue Inc reported income of $939k and spending of $904k, spending 96% of its income. Across the 6 years on record, from December 2017 to December 2023, income grew from $102k to $939k (+818%), an average of +56% a year. The sharpest change came in the year to December 2019, when income rose by 418%. Over the whole period it spent 93% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Korean K9 Rescue Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Cat Town ($939k), Kabul Small Animal Rescue ($940k) and Forgotten Now Family Rescue Co ($939k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $106k (12% of expenses). Other salaries and wages came to $249k. At year end it held assets of $355k against liabilities of $3,748, net assets of $351k. It reported 17 employees.