Buddy Foundation

Analysis

Buddy Foundation is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in August 1995, 31 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 February 2024, Buddy Foundation reported income of $645k and spending of $444k, leaving 31% of income unspent that year. Across the 6 years on record, from February 2019 to February 2024, income grew from $468k to $645k (+38%), an average of +6.6% a year. The sharpest change came in the year to February 2022, when income rose by 45%. Over the whole period it spent 60% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Buddy Foundation 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 73rd percentile within IL. Charities of a similar size with the same main cause include Conservation Nation ($645k), Arkansas Wildlife Federation Inc ($646k) and Happy Days Humane Society ($644k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 75% of the total. At year end it held assets of $6.5m against liabilities of $0, net assets of $6.5m.