Animal Hope Inc

Analysis

Animal Hope Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 2023, 3 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, Animal Hope Inc reported income of $290k and spending of $279k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $264k to $290k (+10%), an average of +10% a year. Over the whole period it spent 105% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Animal Hope Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Friends Forever Animal Rescue ($290k), Safari Club International Foundation ($290k) and Project Comeback ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $170k. At year end it held assets of $24k against liabilities of $725, net assets of $23k. It reported 5 employees.