Hope Animal Rescue

Analysis

Hope Animal Rescue is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 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, Hope Animal Rescue reported income of $289k and spending of $309k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $289k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income dropped by 34%. 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, Hope Animal Rescue sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Mikeys Chance ($289k), Eldorado Farm Inc ($290k) and Golden Reward ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.