Adopt-A-Pet Inc

Analysis

Adopt-A-Pet Inc is a registered charity in United States, based in Lake Zurich, IL. It received its IRS tax-exemption ruling in May 2014, 12 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, Adopt-A-Pet Inc reported income of $249k and spending of $51k, leaving 79% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $43k to $249k (+480%), an average of +141% a year. The sharpest change came in the year to December 2023, when income rose by 618%. Over the whole period it spent 61% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Adopt-A-Pet Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Joyful Horse Project ($249k), Wags & Whiskers Pet Rescue Inc ($249k) and Foundation of the Sacramento Horsemens Association ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 6.9% of the total. At year end it held assets of $425k against liabilities of $0, net assets of $425k.