Homeward Pet Adoption Center

Analysis

Homeward Pet Adoption Center is a registered charity in United States, based in Woodinville, WA. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Homeward Pet Adoption Center reported income of $2.6m and spending of $2.7m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.6m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Homeward Pet Adoption Center sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include South Florida Wildlife Center Inc ($2.5m), Southern California Equine Foundation Inc ($2.6m) and Humane Society of West Michigan ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $120k (4.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.6m against liabilities of $1.7m, net assets of $1.9m. It reported 37 employees.