Advanced Pet Imaging Network

Analysis

Advanced Pet Imaging Network is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Advanced Pet Imaging Network reported income of $860k and spending of $961k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $860k (-32%), an average of -9.1% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Advanced Pet Imaging Network sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Wasatch Forensic Nurses ($860k), Kidneys in Common ($860k) and Newington Emergency Medical Service Inc ($860k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $311k against liabilities of $57k, net assets of $255k.