Harmony Rescue Inc

Analysis

Harmony Rescue Inc is a registered charity in United States, based in Rustburg, VA. It received its IRS tax-exemption ruling in December 2005, 21 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, Harmony Rescue Inc reported income of $58k and spending of $70k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $58k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. 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, Harmony Rescue Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include The Buddy Fund Inc ($58k), Bobbies Pit Bull Rescue and Sanctuary Inc ($58k) and South Jersey All Breeds Horse Rescue ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $300k against liabilities of $2,816, net assets of $297k.