Panama City Beach Paws & Claws Inc

Analysis

Panama City Beach Paws & Claws Inc is a registered charity in United States, based in P C Beach, FL. It received its IRS tax-exemption ruling in October 2002, 24 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, Panama City Beach Paws & Claws Inc reported income of $52k and spending of $109k, spending 209% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $294k to $52k (-82%), an average of -58% a year. The sharpest change came in the year to December 2022, when income dropped by 79%. Over the whole period it spent 72% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Panama City Beach Paws & Claws Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include H & P Animal Alliance ($52k), One Starfish Rehoming Connections Inc ($52k) and Golden Bark Foundation ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.3% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.