Touch of Grey Rescue

Analysis

Touch of Grey Rescue is a registered charity in United States, based in Melbourne Beach, FL. It received its IRS tax-exemption ruling in April 2019, 7 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, Touch of Grey Rescue reported income of $350k and spending of $338k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $256k to $350k (+37%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Touch of Grey Rescue sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Turkeys for Tomorrow ($350k), Vegan World ($350k) and Marshfield Area Pet Shelter Inc ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $24k (7.1% of expenses). At year end it held assets of $59k against liabilities of $143, net assets of $58k. It reported 2 employees.