Hec Hooves of Joy Inc

Analysis

Hec Hooves of Joy Inc is a registered charity in United States, based in Ashland, WI. It received its IRS tax-exemption ruling in May 2022, 4 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, Hec Hooves of Joy Inc reported income of $334k and spending of $325k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $359k to $334k (-7.1%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. 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, Hec Hooves of Joy Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Helen Opperman Krause Animal Foundation Inc ($334k), Brown Dog Coalition and Rescue Limited ($334k) and Delta Stockton Humane Society & Society for Prevention of Cruelty ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $78k (24% of expenses). Other salaries and wages came to $32k. At year end it held assets of $260k against liabilities of $54k, net assets of $206k.