Speak Animal Hospital PC

Analysis

Speak Animal Hospital PC is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Speak Animal Hospital PC reported income of $3.0m and spending of $3.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.0m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Speak Animal Hospital PC sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Thoroughbred Retirement Foundation ($3.0m), Southern Pines Animal Shelter ($3.0m) and Society for the Prevention of Cruelty to Animals of a a Co MD in ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $243k (8.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $850k against liabilities of $82k, net assets of $768k. It reported 30 employees.