Human-Animal Bond Inc

Analysis

Human-Animal Bond Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Human-Animal Bond Inc reported income of $183k and spending of $70k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $105k to $183k (+75%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 41% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Human-Animal Bond Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within WV. Charities of a similar size with the same main cause include Susquehanna Valley Casa-Voices for Children ($183k), Safe Place ($183k) and Outboundlife Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $2.5m against liabilities of $650k, net assets of $1.9m.