Halfway Home Rescue

Analysis

Halfway Home Rescue is a registered charity in United States, based in Woodbridge, CT. It received its IRS tax-exemption ruling in January 2006, 20 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, Halfway Home Rescue reported income of $367k and spending of $355k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $367k (+97%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Halfway Home Rescue sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include Therapet ($367k), Happy Life Animal Rescue Inc ($368k) and Cats Cradle Shelter Inc ($367k).

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 $123k against liabilities of $17k, net assets of $105k.