Help Asheville Bears

Analysis

Help Asheville Bears is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in February 2021, 5 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 2022, Help Asheville Bears reported income of $849k and spending of $866k, spending 102% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $493k to $849k (+72%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Help Asheville Bears sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Alveus Sanctuary Inc ($849k), Avery County N C Humane Society Inc ($850k) and Lycoming County Society for the Prevention of Cruelty to Animals ($849k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.