Homeward Bound Animal Welfare Group Inc

Analysis

Homeward Bound Animal Welfare Group Inc is a registered charity in United States, based in Middlebury, IN. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Homeward Bound Animal Welfare Group Inc reported income of $567k and spending of $626k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $321k to $567k (+76%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 1351%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Homeward Bound Animal Welfare Group Inc 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 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Metro Portland Housing Industry Foundation ($567k), Wsia Diversity Foundation ($567k) and National Foundation for Integrative Medicine Inc ($567k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $321k against liabilities of $0, net assets of $321k.