Tails of Hope Sanctuary Inc

Analysis

Tails of Hope Sanctuary Inc is a registered charity in United States, based in Taneytown, MD. It received its IRS tax-exemption ruling in July 2000, 26 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, Tails of Hope Sanctuary Inc reported income of $90k and spending of $94k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $164k to $90k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 93% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Tails of Hope Sanctuary Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within MD. Charities of a similar size with the same main cause include Callaway County Humane Society ($90k), Greater Dayton Labrador Retriever Rescue and Referral Group Inc ($90k) and Feline Friends of Sammamish ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $89k against liabilities of $2,507, net assets of $87k.