Hope Acres Rescue

Analysis

Hope Acres Rescue is a registered charity in United States, based in Bonneau, SC. It received its IRS tax-exemption ruling in March 2011, 15 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, Hope Acres Rescue reported income of $172k and spending of $181k, spending 105% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $238k to $172k (-28%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 75% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hope Acres Rescue sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 56th percentile within SC. Charities of a similar size with the same main cause include Pet Helpers Incorporated ($172k), Pet Friends and Rescue ($172k) and Fallston Animal Rescue Movement Inc ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $391k against liabilities of $7, net assets of $391k.