Remedy Pet Care Inc

Analysis

Remedy Pet Care Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in July 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, Remedy Pet Care Inc reported income of $354k and spending of $394k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $197k to $354k (+80%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 110% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Remedy Pet Care Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Esther Neonatal Kitten Alliance ($354k), International Wildlife TR ($354k) and A-Pal Humane Society ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. At year end it held assets of $420k against liabilities of $3,817, net assets of $416k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.