Home Free Animal Rescue

Analysis

Home Free Animal Rescue is a registered charity in United States, based in Farmingdale, NJ. It received its IRS tax-exemption ruling in August 2014, 12 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, Home Free Animal Rescue reported income of $90k and spending of $99k, spending 110% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $182k to $90k (-51%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. 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, Home Free Animal Rescue sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Texas Star Rescue ($90k), Henry Wrinkles Foundation ($90k) and Save a Pet Thrift Store ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $6,084 against liabilities of $0, net assets of $6,084.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.