Hope for Hooves Rescue

Analysis

Hope for Hooves Rescue is a registered charity in United States, based in North Augusta, SC. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Hope for Hooves Rescue reported income of $82k and spending of $87k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $47k to $82k (+76%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope for Hooves Rescue sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 38th percentile within SC. Charities of a similar size with the same main cause include Midnite Group Inc ($82k), Clint Barsch Foundation ($82k) and Free Again Consulting ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $12k against liabilities of $18k, net assets of -$5,740.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.