House With A Heart Pet Sanctuary
House With A Heart Pet Sanctuary shows consistent growth and no reported officer compensation over a decade.
EIN: 205291492 · Gaithersburg, MD · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $484K |
| Total Expenses | $526K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $613,527 |
| Net Assets | $853K |
| Transparency Score | 92/100 |
Is House With A Heart Pet Sanctuary Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
House With A Heart Pet Sanctuary directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About House With A Heart Pet Sanctuary
House With A Heart Pet Sanctuary (EIN: 205291492) is a nonprofit organization based in Gaithersburg, MD, classified under NTEE code O50. The organization reported total revenue of $484K and total assets of $840K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of House With A Heart Pet Sanctuary's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
House With A Heart Pet Sanctuary is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $614K |
| Total Expenses | $526K |
| Surplus / Deficit | +$88K |
| Total Assets | $935K |
| Total Liabilities | $82K |
| Net Assets | $853K |
| Operating Margin | 14.3% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 21.3 months |
Financial Health Grade: A
In 2023, House With A Heart Pet Sanctuary reported a surplus of $88K with revenue exceeding expenses, holds 21.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), House With A Heart Pet Sanctuary's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.1% | +12.1% | +11.9% |
| 2022 | +10.2% | +26.1% | +1.5% |
| 2021 | +10.2% | -7.5% | +7.4% |
| 2020 | -22.0% | +6.5% | +3.9% |
| 2019 | +20.2% | +8.2% | +24.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates House With A Heart Pet Sanctuary with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, House With A Heart Pet Sanctuary allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $88K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly commendable for a nonprofit of its size (latest revenue $613,527).
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.
Strengths
The following positive indicators were identified for House With A Heart Pet Sanctuary:
- Consistent asset growth, from $172,201 in 2014 to $934,669 in 2023.
- No reported officer compensation across all 13 filings, indicating high efficiency and volunteer leadership.
- Revenue consistently exceeds expenses, demonstrating sound financial management (e.g., $613,527 revenue vs. $525,633 expenses in 2023).
- Low liabilities relative to assets, indicating strong financial stability (e.g., $81,718 liabilities vs. $934,669 assets in 2023).
- Positive trend in revenue growth over the past decade, showing increasing support and capacity.
Frequently Asked Questions about House With A Heart Pet Sanctuary
Is House With A Heart Pet Sanctuary a legitimate charity?
House With A Heart Pet Sanctuary (EIN: 205291492) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $484K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does House With A Heart Pet Sanctuary spend its money?
House With A Heart Pet Sanctuary directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to House With A Heart Pet Sanctuary tax-deductible?
House With A Heart Pet Sanctuary is registered as a tax-exempt nonprofit (EIN: 205291492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the House With A Heart Pet Sanctuary CEO make?
House With A Heart Pet Sanctuary's highest-compensated officer earns $613,527 annually. The organization reported $484K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of House With A Heart Pet Sanctuary's spending goes to programs?
House With A Heart Pet Sanctuary directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does House With A Heart Pet Sanctuary compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), House With A Heart Pet Sanctuary is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is House With A Heart Pet Sanctuary located?
House With A Heart Pet Sanctuary is headquartered in Gaithersburg, Maryland and files with the IRS under EIN 205291492. It is classified under NTEE code O50.
How many years of IRS 990 filings does House With A Heart Pet Sanctuary have?
House With A Heart Pet Sanctuary has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $484K in total revenue.
Is House With A Heart Pet Sanctuary a good charity?
Based on the available IRS 990 data, House With A Heart Pet Sanctuary appears to be a very good charity. They demonstrate strong financial health, consistent asset growth, and notably report 0% officer compensation, indicating a high dedication to their mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets grew from $172,201 in 2014 to $934,669 in 2023, and revenue increased from $287,261 in 2014 to $613,527 in 2023, showing consistent growth and stability.
What is the organization's approach to executive compensation?
House With A Heart Pet Sanctuary reports 0% officer compensation in all available filings, suggesting a strong commitment to directing funds towards their programs rather than executive salaries. This is a rare and positive indicator of their operational philosophy.
Filing History
IRS 990 filing history for House With A Heart Pet Sanctuary showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), House With A Heart Pet Sanctuary's revenue has grown by 143.8%, moving from $252K to $614K. Total assets increased by 1254.1% over the same period, from $69K to $935K. Total functional expenses rose by 148.7%, from $211K to $526K. In its most recent filing year (2023), House With A Heart Pet Sanctuary reported a surplus of $88K, with revenue exceeding expenses. The organization holds $82K in liabilities against $935K in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $853K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $614K | $526K | $935K | $82K | — | View 990 |
| 2022 | $479K | $469K | $836K | $71K | — | — |
| 2021 | $434K | $372K | $824K | $68K | — | View 990 |
| 2020 | $394K | $402K | $767K | $74K | — | View 990 |
| 2019 | $505K | $377K | $738K | $38K | — | View 990 |
| 2018 | $420K | $349K | $595K | $23K | — | View 990 |
| 2017 | $448K | $360K | $517K | $17K | — | View 990 |
| 2016 | $439K | $303K | $422K | $10K | — | View 990 |
| 2015 | $427K | $317K | $304K | $28K | — | View 990 |
| 2014 | $287K | $270K | $172K | $6K | — | View 990 |
| 2013 | $305K | $278K | $150K | $2K | — | View 990 |
| 2012 | $297K | $242K | $127K | $6K | — | View 990 |
| 2011 | $252K | $211K | $69K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $614K, expenses of $526K, and assets of $935K (revenue +28.1% year-over-year).
- 2022: Revenue of $479K, expenses of $469K, and assets of $836K (revenue +10.2% year-over-year).
- 2021: Revenue of $434K, expenses of $372K, and assets of $824K (revenue +10.2% year-over-year).
- 2020: Revenue of $394K, expenses of $402K, and assets of $767K (revenue -22.0% year-over-year).
- 2019: Revenue of $505K, expenses of $377K, and assets of $738K (revenue +20.2% year-over-year).
- 2018: Revenue of $420K, expenses of $349K, and assets of $595K (revenue -6.1% year-over-year).
- 2017: Revenue of $448K, expenses of $360K, and assets of $517K (revenue +1.9% year-over-year).
- 2016: Revenue of $439K, expenses of $303K, and assets of $422K (revenue +2.8% year-over-year).
- 2015: Revenue of $427K, expenses of $317K, and assets of $304K (revenue +48.7% year-over-year).
- 2014: Revenue of $287K, expenses of $270K, and assets of $172K (revenue -5.8% year-over-year).
- 2013: Revenue of $305K, expenses of $278K, and assets of $150K (revenue +2.8% year-over-year).
- 2012: Revenue of $297K, expenses of $242K, and assets of $127K (revenue +17.9% year-over-year).
- 2011: Revenue of $252K, expenses of $211K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for House With A Heart Pet Sanctuary:
Data Sources and Methodology
This transparency report for House With A Heart Pet Sanctuary 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.