Companion Animal Rescue and Medical Assistance Inc

Analysis

Companion Animal Rescue and Medical Assistance Inc is a registered charity in United States, based in Corrales, NM. It received its IRS tax-exemption ruling in October 2001, 25 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, Companion Animal Rescue and Medical Assistance Inc reported income of $82k and spending of $95k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $140k to $82k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 87% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Companion Animal Rescue and Medical Assistance Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 27th percentile within NM. Charities of a similar size with the same main cause include Hidden Acres Safe Haven ($82k), Teddys Rescue Inc ($82k) and Chicago Cat Rescue ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. At year end it held assets of $65k against liabilities of $7,161, net assets of $58k.