Freedom Ride Rescue

Analysis

Freedom Ride Rescue is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Freedom Ride Rescue reported income of $349k and spending of $322k, spending 92% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $262k to $349k (+33%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 33%. 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, Freedom Ride Rescue sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Humane Action Pittsburgh ($349k), The Laredo Animal Protective Society ($349k) and International Paw Angels ($348k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 30% and program service revenue 65% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.