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7 Hearts Maternity Rescue Inc

RegisteredEIN 85-1279958Lake View, NYAnimals
Income$176k2023-12
Spending$169ksame year
Spent / received94%2-year average
Size in its cause58th pctAnimals
Exempt since2020Publicly supported organisat
Employees–latest return

Analysis

7 Hearts Maternity Rescue Inc is a registered charity in United States, based in Lake View, NY. It received its IRS tax-exemption ruling in June 2020, 6 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, 7 Hearts Maternity Rescue Inc reported income of $176k and spending of $169k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $176k (+7.3%), an average of +7.3% a year. Over the whole period it spent 94% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, 7 Hearts Maternity Rescue Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Big Love Animal Rescue ($176k), Friends of LA Animal Shelters ($176k) and Forever Love Rescue Inc ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $93k against liabilities of $703, net assets of $92k.

Income and spending

$0$44k$88k$132k$176k2022 Income: $164,0672022 Spending: $151,19220222023 Income: $176,0142023 Spending: $168,9432023
IncomeSpending

Where the income comes from

  • Contributions & grants 25%
  • Other 75%

Similar-sized charities, same cause

CharityLocationIncome
Big Love Animal RescueValley Village$176k
Friends of LA Animal SheltersBeverly Hills$176k
Forever Love Rescue IncGettysburg$176k
Delmarva Nesting FoundationEaston$176k