Friends of Newport Beach Animal Shelter

Analysis

Friends of Newport Beach Animal Shelter is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in March 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 June 2024, Friends of Newport Beach Animal Shelter reported income of $151k and spending of $3.0m, spending 2000% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.5m to $151k (-90%), an average of -44% a year. The sharpest change came in the year to June 2023, when income rose by 97%. 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, Friends of Newport Beach Animal Shelter sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Furever Friends Dog Rescue of Wny Inc ($151k), Cats Anonymous Inc ($151k) and Summit Lost Pet Rescue Inc ($151k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.