Furkids Inc

Analysis

Furkids Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in September 2003, 23 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 2022, Furkids Inc reported income of $5.7m and spending of $3.8m, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $3.2m to $5.7m (+79%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 71% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Furkids Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Hamilton County Society for the Prevention of Cruelty to Animals ($5.7m), Humane Society of Washington County Incorporated ($5.8m) and Valdez Fisheries Development Assoc ($5.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 68% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $122k (3.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.9m against liabilities of $1.4m, net assets of $6.5m. It reported 120 employees.