Halfway Home Pet Rescue Inc

Analysis

Halfway Home Pet Rescue Inc is a registered charity in United States, based in Caribou, ME. It received its IRS tax-exemption ruling in October 2009, 17 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 Pet Rescue Inc reported income of $274k and spending of $173k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $274k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 75% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Halfway Home Pet Rescue Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 54th percentile within ME. Charities of a similar size with the same main cause include Friends of the Jeanette Hunt Animalshelter ($274k), Noahs Hope ($274k) and Show Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $234k against liabilities of $3,758, net assets of $230k.