Homeward Trails Animal Rescue Incorporated

Analysis

Homeward Trails Animal Rescue Incorporated is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 Trails Animal Rescue Incorporated reported income of $3.9m and spending of $2.9m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $3.9m (+110%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 86% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Homeward Trails Animal Rescue Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Veterinary Care Foundation Incorporated ($3.9m), Animal Welfare League ($4.0m) and Berkeley East Bay Humane Society Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $131k (4.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.4m against liabilities of $53k, net assets of $2.3m. It reported 87 employees.