Canine Therapy Corps Inc

Analysis

Canine Therapy Corps Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Canine Therapy Corps Inc reported income of $347k and spending of $564k, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $453k to $347k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2020, when income rose by 127%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Canine Therapy Corps Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Visual Compassion Inc ($347k), American Institute of Stress Inc ($347k) and Heart to Heart Hospice Foundation ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $127k (23% of expenses). Other salaries and wages came to $180k. At year end it held assets of $1.2m against liabilities of $293k, net assets of $872k. It reported 16 employees.