Starfish Equine Rescue

Analysis

Starfish Equine Rescue is a registered charity in United States, based in Cape May CH, NJ. It received its IRS tax-exemption ruling in November 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, Starfish Equine Rescue reported income of $106k and spending of $95k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $106k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Starfish Equine Rescue sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Home for Life Cat Sanctuary ($105k), Whiskers ($106k) and Its All About the Animals Inc ($105k).

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 $37k against liabilities of $31k, net assets of $6,379.