Pet Project for Pets Inc

Analysis

Pet Project for Pets Inc is a registered charity in United States, based in Wilton Manors, FL. It received its IRS tax-exemption ruling in May 2003, 23 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, Pet Project for Pets Inc reported income of $988k and spending of $897k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $988k (+214%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 252%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pet Project for Pets Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Proactive Health Labs Inc ($987k), Northwinds Integrated Health Network Ipa Inc ($988k) and Building Trades Recovery Week Inc ($987k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $75k (8.4% of expenses). At year end it held assets of $1.8m against liabilities of $1.0m, net assets of $724k. It reported 1 employees.