Drifters Hearts of Hope Inc

Analysis

Drifters Hearts of Hope Inc is a registered charity in United States, based in Crawford, CO. 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, Drifters Hearts of Hope Inc reported income of $242k and spending of $276k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $259k to $242k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Drifters Hearts of Hope Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Paws with Possibilities Pet Rescue and Care Center ($242k), Silicon Valley Pet Project ($242k) and Logan County Humane Society ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 22% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.