Friends of Ferals Inc

Analysis

Friends of Ferals Inc is a registered charity in United States, based in Port Neches, TX. It received its IRS tax-exemption ruling in January 2023, 3 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 Ferals Inc reported income of $60k and spending of $60k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $2,917 to $60k (+1972%), an average of +1972% a year. The sharpest change came in the year to December 2023, when income rose by 1972%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Ferals Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include The Dreampower Foundation ($60k), Potomac Valley Pekingese Club Inc ($60k) and Florida Ornithological Society Inc ($60k).

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 $1,727 against liabilities of $0, net assets of $1,727.