Rescue Charlies Friends

Analysis

Rescue Charlies Friends is a registered charity in United States, based in Woolwich, ME. It received its IRS tax-exemption ruling in April 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 2023, Rescue Charlies Friends reported income of $503k and spending of $378k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $219k to $503k (+130%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 199%. Over the whole period it spent 60% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Rescue Charlies Friends sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within ME. Charities of a similar size with the same main cause include Henry County Ag Improvement Association ($503k), City Ranch Inc ($503k) and Saveabunny Inc ($503k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. At year end it held assets of $836k against liabilities of $65k, net assets of $771k.