Honor Service Dogs Inc

Analysis

Honor Service Dogs Inc is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Honor Service Dogs Inc reported income of $152k and spending of $233k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $208k to $152k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2021, when income rose by 185%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Honor Service Dogs Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NC. Charities of a similar size with the same main cause include Maddock Ambulance Service ($152k), Every Child Counts Inc ($152k) and R Baby Foundation Inc ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $79k (34% of expenses). Other salaries and wages came to $15k. At year end it held assets of $120k against liabilities of $3,500, net assets of $117k. It reported 4 employees.