Heart of Phoenix Equine Rescue Inc

Analysis

Heart of Phoenix Equine Rescue Inc is a registered charity in United States, based in Shoals, WV. It received its IRS tax-exemption ruling in April 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 (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, Heart of Phoenix Equine Rescue Inc reported income of $426k and spending of $453k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $426k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2020, when income rose by 69%. Over the whole period it spent 91% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Heart of Phoenix Equine Rescue Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WV. Charities of a similar size with the same main cause include Back to Nature Wildlife Inc ($426k), Addicus Legacy Dog Rescue Inc ($426k) and Clinton Co Society ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 18% of the total. At year end it held assets of $209k against liabilities of $5,166, net assets of $203k.