Buddies Place

Analysis

Buddies Place is a registered charity in United States, based in Weatherford, TX. It received its IRS tax-exemption ruling in March 2009, 17 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 July 2023, Buddies Place reported income of $177k and spending of $180k, spending 102% of its income. Across the 2 years on record, from July 2022 to July 2023, income fell from $204k to $177k (-13%), an average of -13% a year. Over the whole period it spent 101% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Buddies Place sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Sullivan County Cattlemans Association ($177k), High Desert Strategies Inc ($177k) and Boston Terrier Rescue of East Tennessee ($177k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $3,717 against liabilities of $0, net assets of $3,717.