Colorado Animal Rescue Inc a Nonprofit Corporation

Analysis

Colorado Animal Rescue Inc a Nonprofit Corporation is a registered charity in United States, based in Glenwood SPGS, CO. It received its IRS tax-exemption ruling in August 1993, 33 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, Colorado Animal Rescue Inc a Nonprofit Corporation reported income of $630k and spending of $1.1m, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $901k to $630k (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 88% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Colorado Animal Rescue Inc a Nonprofit Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Central Florida Community Pet Clinic Inc ($628k), Fearless Kitty Rescue ($631k) and Baja Animal Sanctuary ($628k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $83k (7.8% of expenses). Other salaries and wages came to $564k. At year end it held assets of $2.1m against liabilities of $9,612, net assets of $2.1m. It reported 24 employees.