Barks of Hope

Analysis

Barks of Hope is a registered charity in United States, based in Pennington, NJ. It received its IRS tax-exemption ruling in November 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, Barks of Hope reported income of $97k and spending of $122k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $128k to $97k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. 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, Barks of Hope sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Society for the Conservation of Bighorn Sheep ($97k), Chihuahua Rescue of San Diego County ($97k) and Wellbeing International Inc ($97k).

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 $6,129 against liabilities of $7,666, net assets of -$1,537.