Karuna Horse Rescue Inc
Analysis
Karuna Horse Rescue Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in December 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, Karuna Horse Rescue Inc reported income of $146k and spending of $125k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $146k (+3.7%), an average of +3.7% a year. 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, Karuna Horse Rescue Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within AZ. Charities of a similar size with the same main cause include Big Love Rescue ($146k), Saving Grace Animal Rescue Inc ($146k) and Cottonwood Cats Sanctuary ($146k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $158k against liabilities of $80k, net assets of $78k.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 4.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Big Love Rescue | Cypress | $146k |
| Saving Grace Animal Rescue Inc | Winter | $146k |
| Cottonwood Cats Sanctuary | Albuquerque | $146k |
| Clear Creek Cat Rescue | Anchorage | $146k |