Rescue One More Inc

Analysis

Rescue One More Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rescue One More Inc reported income of $513k and spending of $464k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $162k to $513k (+217%), an average of +78% a year. The sharpest change came in the year to December 2022, when income rose by 128%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rescue One More Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include House of Help City of Hope ($513k), Seena Magowitz Foundation Inc ($513k) and Wasatch Family Foundation ($512k).

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 $116k (25% of expenses). At year end it held assets of $157k against liabilities of $13, net assets of $157k. It reported 2 employees.