Tracyspawsrescue
Analysis
Tracyspawsrescue is a registered charity in United States, based in Hondo, TX. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Tracyspawsrescue reported income of $742k and spending of $236k, leaving 68% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $303k to $742k (+145%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 35% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Tracyspawsrescue sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Central Coast Salmon Enhancement ($741k), Animal Advocates ($742k) and Ring Dog Rescue Inc ($741k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Other salaries and wages came to $54k. At year end it held assets of $1.3m against liabilities of $19k, net assets of $1.3m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 18%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Central Coast Salmon Enhancement | Arroyo Grande | $741k |
| Animal Advocates | Okatie | $742k |
| Ring Dog Rescue Inc | Henrico | $741k |
| Upper Columbia Salmon Recovery Board | Wenatchee | $743k |