Heart Animal Rescue and Adoption Team Inc

Analysis

Heart Animal Rescue and Adoption Team Inc is a registered charity in United States, based in Hamburg, NY. It received its IRS tax-exemption ruling in November 1984, 42 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 March 2024, Heart Animal Rescue and Adoption Team Inc reported income of $141k and spending of $171k, spending 121% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $126k to $141k (+12%), an average of +2.9% a year. The sharpest change came in the year to March 2022, when income rose by 68%. Over the whole period it spent 112% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Heart Animal Rescue and Adoption Team Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Island Haven Animal Sanctuary ($141k), Wild and Free Foundation ($141k) and Surf Cat Ranch Feral Cat Rescue ($141k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 44% and program service revenue 37% of the total. At year end it held assets of $131k against liabilities of $138, net assets of $131k.