Bagaduce River Equine Rescue

Analysis

Bagaduce River Equine Rescue is a registered charity in United States, based in Brooksville, ME. It received its IRS tax-exemption ruling in December 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, Bagaduce River Equine Rescue reported income of $276k and spending of $100k, leaving 64% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $109k to $276k (+152%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 63% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Bagaduce River Equine Rescue sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 54th percentile within ME. Charities of a similar size with the same main cause include Vet Friends Foundation ($276k), Colville Valley Animal Sanctuary ($276k) and Save a Dogslife ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $211k against liabilities of $0, net assets of $211k.