Professional Animal Retirement Center

Analysis

Professional Animal Retirement Center is a registered charity in United States, based in Albion, IN. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Professional Animal Retirement Center reported income of $660k and spending of $749k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $352k to $660k (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 114% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Professional Animal Retirement Center sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Humane Society of Raleigh County Inc ($660k), Play Pals Daycare ($660k) and Humane Society of the Lakes ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 17% of the total. Other salaries and wages came to $373k. At year end it held assets of $814k against liabilities of $25k, net assets of $789k. It reported 32 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.