My Why Rescue

Analysis

My Why Rescue is a registered charity in United States, based in Royal Palm Beach, FL. It received its IRS tax-exemption ruling in August 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, My Why Rescue reported income of $70k and spending of $55k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $70k (-27%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 77% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, My Why Rescue sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Free From Harm NFP ($70k), Minnesota Sheltie Rescue ($70k) and Spay Neuter Indiana Pa Pets - Snipp ($70k).

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 $48k against liabilities of $0, net assets of $48k.