Purr Chance Inc

Analysis

Purr Chance Inc is a registered charity in United States, based in Ft Washington, MD. It received its IRS tax-exemption ruling in August 2014, 12 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 2022, Purr Chance Inc reported income of $300k and spending of $65k, leaving 78% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $48k to $300k (+521%), an average of +84% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 21% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Purr Chance Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Ready Yourselves Youth Ranch Incorporated ($300k), Erins Farm NFP ($301k) and United Professional Horsemens Association Chapter 14 Inc ($300k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.