Homeward Bound WV Inc

Analysis

Homeward Bound WV Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in August 2010, 16 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, Homeward Bound WV Inc reported income of $80k and spending of $79k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $80k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 87% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Homeward Bound WV Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within WV. Charities of a similar size with the same main cause include Proud Spirit Horse Rescue Inc ($80k), The Dr Larry Nardecchia Spay Neuter Trust Fund ($80k) and Blount County Animal Welfare Society ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.