Tails of Hope

Analysis

Tails of Hope is a registered charity in United States, based in Hermitage, PA. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tails of Hope reported income of $478k and spending of $409k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $374k to $478k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 79% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Tails of Hope sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include The William and Charlotte Parks Foundation for Animal Welfare ($478k), The Santa Barbara Bird Sanctuary ($478k) and Dogs Without Borders ($477k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $70k (17% of expenses). Other salaries and wages came to $41k. At year end it held assets of $661k against liabilities of $148k, net assets of $513k. It reported 4 employees.