Hearts & Bones Animal Rescue

Analysis

Hearts & Bones Animal Rescue is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 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, Hearts & Bones Animal Rescue reported income of $897k and spending of $845k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $897k (+176%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 142%. Over the whole period it spent 84% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hearts & Bones Animal Rescue sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include St Francis Animal Sanctuary ($896k), A Purposeful Rescue Inc ($899k) and Animal Rescue Fund of Mississippi ($896k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 43% of the total. Other salaries and wages came to $452k. At year end it held assets of $709k against liabilities of -$17k, net assets of $726k. It reported 33 employees.