Pet Project Inc

Analysis

Pet Project Inc is a registered charity in United States, based in Ottawa, IL. It received its IRS tax-exemption ruling in March 1996, 30 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, Pet Project Inc reported income of $171k and spending of $206k, spending 120% of what it took in. Across the 3 years on record, from October 2020 to December 2023, income fell from $205k to $171k (-17%), an average of -8.7% a year. The sharpest change came in the year to December 2022, when income rose by 142%. Over the whole period it spent 64% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Pet Project Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Hope in the Valley Equine Rescueand Sanctuary Inc ($171k), American Belgian Malinois Rescue Inc ($171k) and Northern California Animal Rescue Friends ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 20% of the total. At year end it held assets of $458k against liabilities of $2,102, net assets of $456k.