Carolina Animal Network

Analysis

Carolina Animal Network is a registered charity in United States, based in Selma, 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 2023, Carolina Animal Network reported income of $101k and spending of $102k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $101k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Carolina Animal Network sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Pet Adoption League Inc ($101k), KS Kitten Rescue ($101k) and Hoofs & Woofs Animal Rescue ($101k).

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 $1 against liabilities of $0, net assets of $1.