Friends of Baark Inc

Analysis

Friends of Baark Inc is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in March 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, Friends of Baark Inc reported income of $185k and spending of $124k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $27k to $185k (+589%), an average of +162% a year. The sharpest change came in the year to December 2022, when income rose by 390%. Over the whole period it spent 45% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Baark Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Massachusetts Animal Coalition Inc ($185k), St Lawrence Valley SPCA ($185k) and Starting Over Animal Rescue ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.