Halfway Home Animal Rescue Team a NJ Nonprofit Corporation

Analysis

Halfway Home Animal Rescue Team a NJ Nonprofit Corporation is a registered charity in United States, based in Hewitt, NJ. It received its IRS tax-exemption ruling in July 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, Halfway Home Animal Rescue Team a NJ Nonprofit Corporation reported income of $393k and spending of $388k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $796k to $393k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 56% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Halfway Home Animal Rescue Team a NJ Nonprofit Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Underdog Heroes Inc ($392k), Dreamcatcher Horse Ranch Rescue Center Inc ($393k) and Safe Pet Project Inc ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 1.1% of the total. At year end it held assets of $586k against liabilities of $0, net assets of $586k.