Pet Project Foundation Inc

Analysis

Pet Project Foundation Inc is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in September 1985, 41 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 June 2023, Pet Project Foundation Inc reported income of $1.6m and spending of $350k, leaving 78% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $240k to $1.6m (+566%), an average of +88% a year. The sharpest change came in the year to June 2023, when income rose by 539%. Over the whole period it spent 48% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Pet Project Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Friends of Cabrillo Marine Aquarium ($1.6m), Augusta Regional SPCA Inc ($1.6m) and Blue Mountain Humane Society ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 3.1% of the total. At year end it held assets of $3.6m against liabilities of $4,928, net assets of $3.6m.