Colbys Crew Rescue

Analysis

Colbys Crew Rescue is a registered charity in United States, based in Keswick, VA. It received its IRS tax-exemption ruling in June 2022, 4 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, Colbys Crew Rescue reported income of $6.5m and spending of $5.7m, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $701k to $6.5m (+826%), an average of +204% a year. The sharpest change came in the year to December 2022, when income rose by 258%. 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, Colbys Crew Rescue sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Hope for Paws ($6.5m), Kitsap Humane Society ($6.5m) and Pasados Safe Haven ($6.5m).

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 $178k (3.1% of expenses). Other salaries and wages came to $364k. At year end it held assets of $1.3m against liabilities of $23k, net assets of $1.3m. It reported 9 employees.