Hounds in Pounds Inc

Analysis

Hounds in Pounds Inc is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in December 2018, 8 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, Hounds in Pounds Inc reported income of $550k and spending of $460k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $550k (+185%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 76% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hounds in Pounds Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Spay Neuter Idaho Pets ($550k), Bartholomew County Humane Society Inc ($551k) and Red Willow Rescue Inc ($549k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $66k (14% of expenses). Other salaries and wages came to $53k. At year end it held assets of $668k against liabilities of $0, net assets of $668k. It reported 3 employees.