Friends of the Preserve Inc

Analysis

Friends of the Preserve Inc is a registered charity in United States, based in Fredericksbrg, TX. 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 December 2023, Friends of the Preserve Inc reported income of $50k and spending of $44k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $50k to $50k (-0.9%), an average of -0.9% a year. Over the whole period it spent 85% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of the Preserve Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include International Society for Companionanimal Infectious Diseases ($50k), Micronesian Shark Foundation ($50k) and We Are Survivors Foundation Inc ($50k).

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 $165k against liabilities of $3,912, net assets of $161k.