I Heart Animal Rescue Inc

Analysis

I Heart Animal Rescue Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in July 2016, 10 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 2022, I Heart Animal Rescue Inc reported income of $234k and spending of $195k, spending 83% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $183k to $234k (+27%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 27%. 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, I Heart Animal Rescue Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Labrador Retriever Rescue of Fresno Inc ($234k), Puppies & Golf Inc ($234k) and Southwest Animal Rescue Fund Inc ($234k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $48k against liabilities of $4,035, net assets of $44k.