Pals for Paws Inc

Analysis

Pals for Paws Inc is a registered charity in United States, based in Kokomo, IN. It received its IRS tax-exemption ruling in May 2004, 22 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, Pals for Paws Inc reported income of $145k and spending of $175k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $145k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 102% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Pals for Paws Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Forever Amber Acres Aniimal Sanctuary ($145k), West Volusia Humane Society ($145k) and Team Memphis Rescue & Support ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $98k against liabilities of $38k, net assets of $60k.