Pets for the Elderly Foundation

Analysis

Pets for the Elderly Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pets for the Elderly Foundation reported income of $409k and spending of $351k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $348k to $409k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pets for the Elderly Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include North Hollywood Interfaith Food Pantry ($409k), Community Kitchen Inc of Myrtle Beach ($409k) and PHMC 1500 ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $335k against liabilities of $0, net assets of $335k.