Rescue Network Inc

Analysis

Rescue Network Inc is a registered charity in United States, based in Buffalo, MN. It received its IRS tax-exemption ruling in November 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 (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, Rescue Network Inc reported income of $701k and spending of $637k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $363k to $701k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 94% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Rescue Network Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Finger Lakes SPCA of Central New York ($700k), Jay County Humane Society Inc ($702k) and Leech Lake Legacy ($700k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $5,328. At year end it held assets of $136k against liabilities of $18k, net assets of $118k. It reported 4 employees.