Hearts of Hope Dog Rescue

Analysis

Hearts of Hope Dog Rescue is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in August 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, Hearts of Hope Dog Rescue reported income of $136k and spending of $145k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $220k to $136k (-38%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hearts of Hope Dog Rescue sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Chance Foundation ($136k), Fly to Freedom Dog Rescue ($136k) and Brindle Buddies & Friends Inc ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.