Fostering Love Rescues

Analysis

Fostering Love Rescues is a registered charity in United States, based in Larkspur, CO. It received its IRS tax-exemption ruling in November 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, Fostering Love Rescues reported income of $62k and spending of $92k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $62k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 135% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Fostering Love Rescues sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include Bulldogs Urgent Mission Program to Expedite Readoption ($62k), Greyhound Pets of America ($62k) and Homeless Angels Rescue Team Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $94k against liabilities of $8,770, net assets of $85k.