Home for Friendless Animals Inc

Analysis

Home for Friendless Animals Inc is a registered charity in United States, based in Waynetown, IN. It received its IRS tax-exemption ruling in January 2020, 6 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 May 2023, Home for Friendless Animals Inc reported income of $185k and spending of $362k, spending 196% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $328k to $185k (-44%), an average of -13% a year. The sharpest change came in the year to May 2022, when income dropped by 55%. Over the whole period it spent 148% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Home for Friendless Animals Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include Animal Rescue Foundation of Baldwin County Inc ($185k), People for Cats ($185k) and Better Days Inc ($184k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (14% of expenses). Other salaries and wages came to $96k. At year end it held assets of $273k against liabilities of $2,234, net assets of $271k. It reported 19 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.