Palmetto Animal Assisted Lifeservices

Analysis

Palmetto Animal Assisted Lifeservices is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Palmetto Animal Assisted Lifeservices reported income of $381k and spending of $509k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $382k to $381k (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Palmetto Animal Assisted Lifeservices sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include Down Syndrome Partnership of North Texas ($381k), South County Services Inc ($381k) and Redeemed Foundation Inc ($381k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.7% of the total. Other salaries and wages came to $326k. At year end it held assets of $1.0m against liabilities of $23k, net assets of $1.0m. It reported 21 employees.