Cocos Heart Dog Rescue

Analysis

Cocos Heart Dog Rescue is a registered charity in United States, based in Somerset, WI. It received its IRS tax-exemption ruling in September 2012, 14 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, Cocos Heart Dog Rescue reported income of $2.4m and spending of $2.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.4m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Cocos Heart Dog Rescue sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Heart of the Valley Humane Society Inc ($2.4m), Shelter to Soldier Inc ($2.4m) and American Saddlebred Horse and Breeders Association Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $87k (3.9% of expenses). Other salaries and wages came to $867k. At year end it held assets of $2.2m against liabilities of $1.1m, net assets of $1.1m. It reported 22 employees.