Hopes Chance Horse Sanctuary Inc

Analysis

Hopes Chance Horse Sanctuary Inc is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in September 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, Hopes Chance Horse Sanctuary Inc reported income of $131k and spending of $140k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $131k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 101% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hopes Chance Horse Sanctuary Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Tracy Area Animal Rescue ($131k), Humane Society of Bergen County Lost Pet Inc ($131k) and Animal Rescue Front Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $7,447 against liabilities of $0, net assets of $7,447.