Grateful Rescue Inc

Analysis

Grateful Rescue Inc is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in November 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, Grateful Rescue Inc reported income of $65k and spending of $73k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $131k to $65k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 104% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Grateful Rescue Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within IN. Charities of a similar size with the same main cause include Deaf Dogs Rock Inc ($65k), Samsons Sanctuary Rescue ($65k) and Rescuing Cujo ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $57k against liabilities of $151k, net assets of -$94k.