Evanescent Mustang Rescue and Sanctuary Inc

Analysis

Evanescent Mustang Rescue and Sanctuary Inc is a registered charity in United States, based in Sherman, TX. It received its IRS tax-exemption ruling in April 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 (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, Evanescent Mustang Rescue and Sanctuary Inc reported income of $87k and spending of $143k, spending 164% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $240k to $87k (-64%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 94% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Evanescent Mustang Rescue and Sanctuary Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Bingo S Foundation Limited ($87k), Quality of Life Rehab & Foster Inc ($87k) and Best Buddy Pet Rescue ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $20k, net assets of $16k.