Hemopet

Analysis

Hemopet is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in October 1986, 40 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, Hemopet reported income of $3.9m and spending of $4.2m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $3.9m (-1.2%), an average of -0.3% a year. Over the whole period it spent 107% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hemopet sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Equine Advocates Incorporated ($3.9m), Humane Society of Vero Beach Fla ($3.9m) and Tree House Humane Society ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $466k against liabilities of $2.9m, net assets of -$2.4m. It reported 39 employees.

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.