Happy Homes Animal Rescue Inc

Analysis

Happy Homes Animal Rescue Inc is a registered charity in United States, based in Old Bridge, NJ. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Happy Homes Animal Rescue Inc reported income of $190k and spending of $171k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $190k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Happy Homes Animal Rescue Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Blackford County Animal Shelter Inc ($190k), Frankenmuth Dog Bowl Inc ($190k) and Passion 4 Pits Rescue Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.3% of the total. At year end it held assets of $38k against liabilities of $1,996, net assets of $36k.