New Hope Rescue Inc

Analysis

New Hope Rescue Inc is a registered charity in United States, based in Florissant, CO. It received its IRS tax-exemption ruling in November 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 2021, New Hope Rescue Inc reported income of $547k and spending of $581k, spending 106% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $231k to $547k (+137%), an average of +54% a year. The sharpest change came in the year to December 2020, when income rose by 104%. Over the whole period it spent 103% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, New Hope Rescue Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Badass Animal Rescue Inc ($547k), Noahs Ark Animal Welfare Association ($547k) and New England Veterinary Medical Association ($546k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (5.5% of expenses). Other salaries and wages came to $249k. At year end it held assets of $8,581 against liabilities of $25k, net assets of -$16k. It reported 31 employees.