Fountain of Life Rescue Inc

Analysis

Fountain of Life Rescue Inc is a registered charity in United States, based in Thomasville, GA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. 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 September 2023, Fountain of Life Rescue Inc reported income of $88k and spending of $133k, spending 151% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $162k to $88k (-45%), an average of -46% a year. The sharpest change came in the year to September 2023, when income dropped by 45%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fountain of Life Rescue Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within GA. Charities of a similar size with the same main cause include Hung Sa Dahn ($88k), Cape Ann Figure Skating Club Inc ($88k) and Volunteers of America Inc ($88k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $27k against liabilities of $1,615, net assets of $25k.