New Hope Animal Rescue Inc

Analysis

New Hope Animal Rescue Inc is a registered charity in United States, based in Scott Depot, WV. It received its IRS tax-exemption ruling in December 1979, 47 years ago. 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, New Hope Animal Rescue Inc reported income of $81k and spending of $96k, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $553k to $81k (-85%), an average of -62% a year. The sharpest change came in the year to December 2022, when income dropped by 84%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hope Animal Rescue Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within WV. Charities of a similar size with the same main cause include Hand to Hand Inc ($81k), Colorado Environmental Health Association ($81k) and Freeburg Community Fire Assocation Inc ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 13% of the total. At year end it held assets of $456k against liabilities of $0, net assets of $456k.