Halfway Home Rescue

Halfway Home Rescue maintains stable finances with no reported officer compensation.

EIN: 201912291 · Woodbridge, CT · NTEE: D20 · Updated: 2026-03-28

$356KRevenue

$144KAssets

85/100Mission Score (Excellent)

D20

About Halfway Home Rescue

Halfway Home Rescue (EIN: 201912291) is a nonprofit organization based in Woodbridge, CT, classified under NTEE code D20. The organization reported total revenue of $356K and total assets of $144K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Halfway Home Rescue's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Halfway Home Rescue demonstrates consistent financial activity, with revenues and expenses generally in balance over the past several years. In the most recent period (202312), the organization reported revenues of $367,248 against expenses of $355,451, indicating a slight surplus. While the organization's assets have fluctuated, they have shown growth from $61,405 in 2016 to $122,553 in 2023, suggesting a stable, albeit modest, financial foundation. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, indicating a volunteer-driven leadership or that compensation falls below reporting thresholds.

The organization's spending efficiency appears to be strong, particularly given the lack of reported executive compensation, which typically reduces administrative overhead. However, without a detailed functional expense breakdown (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to regulatory transparency.

Overall, Halfway Home Rescue appears to be a financially stable organization operating within its means. Its consistent revenue generation and asset growth, coupled with no reported officer compensation, suggest a lean operational model. Further detailed expense breakdowns would enhance the understanding of its program efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Halfway Home Rescue with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Halfway Home Rescue allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

No officer compensation has been reported across all 13 filings, suggesting a volunteer-led organization or that compensation levels are below IRS reporting thresholds, which contributes to lower administrative overhead.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Halfway Home Rescue's IRS 990 filings:

Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, making precise efficiency analysis difficult.

Strengths

The following positive indicators were identified for Halfway Home Rescue:

Consistent IRS 990 filing history (13 filings) demonstrates strong transparency.
No reported officer compensation across all filings, suggesting efficient use of funds.
Stable financial operations with revenues generally covering expenses (e.g., 2023 revenue $367,248 vs. expenses $355,451).
Positive trend in assets, growing from $61,405 in 2016 to $122,553 in 2023.

Frequently Asked Questions about Halfway Home Rescue

Is Halfway Home Rescue a good charity?

Based on the available IRS 990 data, Halfway Home Rescue appears to be a well-managed charity. It consistently files its tax forms, maintains stable finances, and reports no officer compensation, suggesting a high proportion of funds are directed towards its mission.

How does Halfway Home Rescue manage its expenses?

Halfway Home Rescue generally manages its expenses effectively, with total expenses of $355,451 in 2023 against revenues of $367,248. The absence of reported officer compensation indicates a lean operational structure, likely maximizing funds for program activities.

What is the trend in Halfway Home Rescue's assets?

Halfway Home Rescue's assets have shown a positive trend, growing from $61,405 in 2016 to $122,553 in 2023, indicating a healthy accumulation of resources over time.

Filing History

IRS 990 filing history for Halfway Home Rescue showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Halfway Home Rescue's revenue has grown by 253.1%, moving from $104K to $367K. Total assets increased by 20.3% over the same period, from $102K to $123K. Total functional expenses rose by 222%, from $110K to $355K. In its most recent filing year (2023), Halfway Home Rescue reported a surplus of $12K, with revenue exceeding expenses. The organization holds $17K in liabilities against $123K in assets (debt-to-asset ratio: 14.0%), resulting in net assets of $105K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$367K	$355K	$123K	$17K	—	—
2022	$407K	$422K	$117K	$23K	—	View 990
2021	$348K	$325K	$121K	$12K	—	View 990
2020	$256K	$342K	$96K	$10K	—	View 990
2019	$186K	$116K	$155K	$-16,872	—	View 990
2018	$200K	$161K	$114K	$12K	—	View 990
2017	$205K	$199K	$69K	$6K	—	View 990
2016	$191K	$204K	$61K	$4K	—	View 990
2015	$171K	$185K	$71K	$0	—	View 990
2014	$146K	$149K	$85K	$0	—	View 990
2013	$154K	$164K	$88K	$0	—	View 990
2012	$93K	$97K	$98K	$0	—	View 990
2011	$104K	$110K	$102K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $367K, expenses of $355K, and assets of $123K (revenue -9.7% year-over-year).
2022: Revenue of $407K, expenses of $422K, and assets of $117K (revenue +16.8% year-over-year).
2021: Revenue of $348K, expenses of $325K, and assets of $121K (revenue +35.9% year-over-year).
2020: Revenue of $256K, expenses of $342K, and assets of $96K (revenue +37.5% year-over-year).
2019: Revenue of $186K, expenses of $116K, and assets of $155K (revenue -6.8% year-over-year).
2018: Revenue of $200K, expenses of $161K, and assets of $114K (revenue -2.4% year-over-year).
2017: Revenue of $205K, expenses of $199K, and assets of $69K (revenue +7.3% year-over-year).
2016: Revenue of $191K, expenses of $204K, and assets of $61K (revenue +11.8% year-over-year).
2015: Revenue of $171K, expenses of $185K, and assets of $71K (revenue +16.8% year-over-year).
2014: Revenue of $146K, expenses of $149K, and assets of $85K (revenue -5.3% year-over-year).
2013: Revenue of $154K, expenses of $164K, and assets of $88K (revenue +65.6% year-over-year).
2012: Revenue of $93K, expenses of $97K, and assets of $98K (revenue -10.5% year-over-year).
2011: Revenue of $104K, expenses of $110K, and assets of $102K.

Data Sources and Methodology

This transparency report for Halfway Home Rescue is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.