The Bond Between PC

Analysis

The Bond Between PC is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in March 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 (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, The Bond Between PC reported income of $5.4m and spending of $5.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $5.4m (+110%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, The Bond Between PC sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Project Chimps ($5.4m), Hubbs Sea World Research Institute ($5.4m) and Humane Society of Sarasota County Inc ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $258k (4.8% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.8m against liabilities of $1.8m, net assets of $2.1m. It reported 75 employees.