Waldos Rescue Pen Inc

Analysis

Waldos Rescue Pen Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Waldos Rescue Pen Inc reported income of $671k and spending of $622k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $500k to $671k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Waldos Rescue Pen Inc 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 70th percentile within NY. Charities of a similar size with the same main cause include Blue Chip Farms Inc ($670k), Save All Dogs Inc ($671k) and Oklahoma Alliance for Animals Inc ($670k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $95k (15% of expenses). At year end it held assets of $64k against liabilities of $23k, net assets of $40k. It reported 1 employees.