Canine Assisted Therapy Inc

Analysis

Canine Assisted Therapy Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in October 2009, 17 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, Canine Assisted Therapy Inc reported income of $478k and spending of $388k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $478k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Canine Assisted Therapy Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Sonrays Ministries Inc ($478k), Foothills Food Pantry ($478k) and Couples a Marriage Ministry ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $277k. At year end it held assets of $592k against liabilities of $60, net assets of $592k. It reported 5 employees.