True Rescue

Analysis

True Rescue is a registered charity in United States, based in Mount Juliet, TN. It received its IRS tax-exemption ruling in May 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, True Rescue reported income of $647k and spending of $638k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $397k to $647k (+63%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 86% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, True Rescue sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Gunthers Family ($646k), Humane Society of Douglas County Inc ($647k) and Arkansas Wildlife Federation Inc ($646k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $41k (6.4% of expenses). Other salaries and wages came to $125k. At year end it held assets of $333k against liabilities of $89k, net assets of $244k.