Homeless Animals Rescue Team Inc

Analysis

Homeless Animals Rescue Team Inc is a registered charity in United States, based in FX Station, VA. It received its IRS tax-exemption ruling in June 1991, 35 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, Homeless Animals Rescue Team Inc reported income of $1.8m and spending of $1.4m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $706k to $1.8m (+153%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 94% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Homeless Animals Rescue Team Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Wildlife and Environmental Conservation Incorporated ($1.8m), California Retirement Management Account Inc ($1.8m) and Humane Society for Greater Nashua Corporation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Other salaries and wages came to $141k. At year end it held assets of $1.5m against liabilities of $101k, net assets of $1.4m. It reported 7 employees.