Team Purebred Inc

Analysis

Team Purebred Inc is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in May 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, Team Purebred Inc reported income of $364k and spending of $336k, spending 92% of its income. Across the 6 years on record, from December 2017 to December 2023, income grew from $280k to $364k (+30%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Team Purebred 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 65th percentile within IL. Charities of a similar size with the same main cause include Golden Belt Humane & Animal Welfare Society Inc ($364k), Pampa Animal Welfare Society ($364k) and Humane Society of Eastern Carolina ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $47k (14% of expenses). At year end it held assets of $111k against liabilities of $2,791, net assets of $108k. It reported 1 employees.