Adopt-A-Pet Inc

Analysis

Adopt-A-Pet Inc is a registered charity in United States, based in Fenton, MI. It received its IRS tax-exemption ruling in September 1981, 45 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 $1.4m and spending of $1.0m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $561k to $1.4m (+143%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 82% 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 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Avian Conservation Center ($1.4m), Center for Wildlife Inc ($1.4m) and Care Humane Society ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $59k (5.9% of expenses). Other salaries and wages came to $481k. At year end it held assets of $1.4m against liabilities of $12k, net assets of $1.4m. It reported 31 employees.