Castoff Pet Rescue Inc
Castoff Pet Rescue Inc shows consistent financial growth and efficient operations with no reported officer compensation.
EIN: 204638911 · Blairsville, GA · NTEE: D20 · Updated: 2026-03-28
Is Castoff Pet Rescue Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Castoff Pet Rescue Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Castoff Pet Rescue Inc
Castoff Pet Rescue Inc (EIN: 204638911) is a nonprofit organization based in Blairsville, GA, classified under NTEE code D20. The organization reported total revenue of $564K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Castoff Pet Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Castoff Pet Rescue Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Castoff Pet Rescue Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with over $1 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Castoff Pet Rescue Inc:
- Consistent and significant asset growth, reaching over $1 million in 2023.
- Strong revenue growth, indicating increasing support and capacity.
- No reported officer compensation, demonstrating a highly efficient and volunteer-driven leadership.
- Expenses consistently lower than revenue, allowing for healthy financial reserves and growth.
- Low liabilities, indicating sound financial management and minimal debt.
Frequently Asked Questions about Castoff Pet Rescue Inc
Is Castoff Pet Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Castoff Pet Rescue Inc (EIN: 204638911) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Castoff Pet Rescue Inc spend its money?
Castoff Pet Rescue Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Castoff Pet Rescue Inc tax-deductible?
Castoff Pet Rescue Inc is registered as a tax-exempt nonprofit (EIN: 204638911). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Castoff Pet Rescue Inc a good charity?
Based on its financial data, Castoff Pet Rescue Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a highly efficient spending model with no reported officer compensation.
How has Castoff Pet Rescue Inc's financial health changed over time?
Castoff Pet Rescue Inc has shown remarkable financial growth. Its assets increased from $23,456 in 2018 to $1,015,960 in 2023, and revenue grew from $127,779 in 2018 to $422,079 in 2023, indicating a strong upward trend in financial health and capacity.
What is Castoff Pet Rescue Inc's approach to executive compensation?
Castoff Pet Rescue Inc reports 0% officer compensation in all available filings, suggesting a volunteer-led organization. This approach maximizes the funds available for program services.
Filing History
IRS 990 filing history for Castoff Pet Rescue Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Castoff Pet Rescue Inc's revenue has grown by 237.8%, moving from $125K to $422K. Total assets increased by 5571% over the same period, from $18K to $1.0M. Total functional expenses rose by 96%, from $135K to $264K. In its most recent filing year (2023), Castoff Pet Rescue Inc reported a surplus of $158K, with revenue exceeding expenses. The organization holds $9K in liabilities against $1.0M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $422K | $264K | $1.0M | $9K | — | — |
| 2022 | $580K | $232K | $849K | $0 | — | View 990 |
| 2021 | $405K | $199K | $501K | $0 | — | View 990 |
| 2020 | $260K | $162K | $303K | $0 | — | — |
| 2019 | $318K | $136K | $205K | $0 | — | View 990 |
| 2018 | $128K | $131K | $23K | $238 | — | View 990 |
| 2017 | $140K | $130K | $28K | $1K | — | View 990 |
| 2016 | $75K | $81K | $18K | $1K | — | View 990 |
| 2015 | $92K | $99K | $24K | $1K | — | View 990 |
| 2014 | $115K | $107K | $30K | $685 | — | View 990 |
| 2013 | $169K | $165K | $26K | $4K | — | View 990 |
| 2012 | $161K | $161K | $19K | $1K | — | View 990 |
| 2011 | $125K | $135K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $422K, expenses of $264K, and assets of $1.0M (revenue -27.2% year-over-year).
- 2022: Revenue of $580K, expenses of $232K, and assets of $849K (revenue +43.0% year-over-year).
- 2021: Revenue of $405K, expenses of $199K, and assets of $501K (revenue +56.2% year-over-year).
- 2020: Revenue of $260K, expenses of $162K, and assets of $303K (revenue -18.3% year-over-year).
- 2019: Revenue of $318K, expenses of $136K, and assets of $205K (revenue +148.6% year-over-year).
- 2018: Revenue of $128K, expenses of $131K, and assets of $23K (revenue -8.9% year-over-year).
- 2017: Revenue of $140K, expenses of $130K, and assets of $28K (revenue +86.4% year-over-year).
- 2016: Revenue of $75K, expenses of $81K, and assets of $18K (revenue -18.0% year-over-year).
- 2015: Revenue of $92K, expenses of $99K, and assets of $24K (revenue -20.1% year-over-year).
- 2014: Revenue of $115K, expenses of $107K, and assets of $30K (revenue -32.3% year-over-year).
- 2013: Revenue of $169K, expenses of $165K, and assets of $26K (revenue +5.3% year-over-year).
- 2012: Revenue of $161K, expenses of $161K, and assets of $19K (revenue +28.8% year-over-year).
- 2011: Revenue of $125K, expenses of $135K, and assets of $18K.
Data Sources and Methodology
This transparency report for Castoff Pet Rescue Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.