Path of Hope Rescue

Analysis

Path of Hope Rescue is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in March 2019, 7 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, Path of Hope Rescue reported income of $191k and spending of $175k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $191k (+71%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 84%. Over the whole period it spent 89% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Path of Hope Rescue sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within WA. Charities of a similar size with the same main cause include Dominos Cat Rescue League Inc ($191k), Spay First Inc ($191k) and Heart & Soul Equine Foundation Inc ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $36k (21% of expenses). Other salaries and wages came to $44k. At year end it held assets of $94k against liabilities of $2,194, net assets of $92k. It reported 2 employees.