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Ufar Animals Rescue Corp

RegisteredEIN 88-2206701Margate, FLAnimals
Income$450k2023-12
Spending$548ksame year
Spent / received113%2-year average
Size in its cause79th pctAnimals
Exempt since2022Publicly supported organisat
Employees0latest return

Analysis

Ufar Animals Rescue Corp is a registered charity in United States, based in Margate, FL. It received its IRS tax-exemption ruling in May 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, Ufar Animals Rescue Corp reported income of $450k and spending of $548k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $221k to $450k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 113% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Ufar Animals Rescue Corp sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include State Humane Association of California ($450k), Blue Ribbon Sale of Champions Foundation Inc ($450k) and National Deer Association Group Return ($450k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $9,455 against liabilities of $97k, net assets of -$88k.

Income and spending

$0$137k$274k$411k$548k2022 Income: $220,9712022 Spending: $210,83520222023 Income: $450,2042023 Spending: $548,1352023
IncomeSpending

Where the income comes from

  • Contributions & grants 65%
  • Program services 35%

Similar-sized charities, same cause

CharityLocationIncome
State Humane Association of CaliforniaPenn Valley$450k
Blue Ribbon Sale of Champions Foundation IncMilwaukee$450k
National Deer Association Group ReturnBogart$450k
Horses of Hope OregonTurner$451k