K9s for Warriors Inc
Analysis
K9s for Warriors Inc is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in March 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, K9s for Warriors Inc reported income of $25.3m and spending of $25.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.1m to $25.3m (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 90% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, K9s for Warriors Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Denver Dumb Friends League ($25.2m), SPCA International Inc ($25.3m) and Florida Veterinary Medicine Faculty Association Inc ($24.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $1.1m (4.2% of expenses). Other salaries and wages came to $9.9m. It paid $60k in professional fundraising fees. At year end it held assets of $39.6m against liabilities of $8.1m, net assets of $31.5m. It reported 348 employees.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Other 9.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Denver Dumb Friends League | Denver | $25.2m |
| SPCA International Inc | New York | $25.3m |
| Florida Veterinary Medicine Faculty Association Inc | Gainesville | $24.9m |
| Johnny Morris Ozarks Heritage Preserve | Springfield | $25.7m |