Stone Soup Animal Rescue Inc

Analysis

Stone Soup Animal Rescue Inc is a registered charity in United States, based in Woodruff, SC. It received its IRS tax-exemption ruling in April 2020, 6 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, Stone Soup Animal Rescue Inc reported income of $72k and spending of $124k, spending 171% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $140k to $72k (-48%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 78% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Stone Soup Animal Rescue Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within SC. Charities of a similar size with the same main cause include El Dorado County German Shepherd Rescue ($72k), Scarlet Oak Farms Inc ($72k) and Animal Welfare Coalition of Northeastern New Mexico ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.