Panacetacea

Analysis

Panacetacea is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in June 2011, 15 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, Panacetacea reported income of $62k and spending of $65k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $62k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 91% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Panacetacea sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include TDNR Corporation ($62k), Wildlife Rehab of Greenville ($62k) and Meadow Wood Rescue Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.