Northern Lakes Rescue

Analysis

Northern Lakes Rescue is a registered charity in United States, based in Brainerd, MN. It received its IRS tax-exemption ruling in May 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 2023, Northern Lakes Rescue reported income of $210k and spending of $219k, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $324k to $210k (-35%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Northern Lakes Rescue sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Saving Gizmos Friends ($210k), Animal Protection League of South Carolina ($210k) and Safe Haven Rescue of Ms ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $24k (11% of expenses). At year end it held assets of $201k against liabilities of $201k, net assets of $0. It reported 1 employees.