Homeward Bound Pets Humane Society

Analysis

Homeward Bound Pets Humane Society is a registered charity in United States, based in McMinnville, OR. It received its IRS tax-exemption ruling in March 1978, 48 years ago. 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, Homeward Bound Pets Humane Society reported income of $2.0m and spending of $1.0m, leaving 51% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $859k to $2.0m (+137%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 114%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Homeward Bound Pets Humane Society sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OR. Charities of a similar size with the same main cause include The Kalamazoo Civic Theatre ($2.0m), Disability Rights Idaho Inc ($2.0m) and Garden of Remembrance Memorial PK Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $67k (6.7% of expenses). Other salaries and wages came to $535k. At year end it held assets of $4.7m against liabilities of $23k, net assets of $4.7m. It reported 29 employees.