Miles of Hope

Analysis

Miles of Hope is a registered charity in United States, based in Pilot Point, TX. It received its IRS tax-exemption ruling in February 2013, 13 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, Miles of Hope reported income of $186k and spending of $100k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $186k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 64% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Miles of Hope 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 56th percentile within TX. Charities of a similar size with the same main cause include Pima Paws for Life ($186k), Cape Coral Wildlife Trust Inc ($186k) and Hoof Woof & Meow Animal Rescue Inc ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.