Vested Interest in K9s Inc

Analysis

Vested Interest in K9s Inc is a registered charity in United States, based in East Taunton, MA. It received its IRS tax-exemption ruling in September 2010, 16 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 August 2023, Vested Interest in K9s Inc reported income of $2.5m and spending of $1.6m, leaving 34% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $2.5m (+89%), an average of +17% a year. The sharpest change came in the year to August 2021, when income rose by 63%. Over the whole period it spent 70% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Vested Interest in K9s Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Compassion Without Borders ($2.5m), Pelican Harbor Seabird Station Inc ($2.5m) and Cheyenne Animal Shelter-Services ($2.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 55% of the total. Other salaries and wages came to $90k. It paid $57k in professional fundraising fees. At year end it held assets of $4.3m against liabilities of $31k, net assets of $4.3m. It reported 3 employees.