Duo Dogs Inc

Analysis

Duo Dogs Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 1986, 40 years ago. 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 June 2024, Duo Dogs Inc reported income of $2.8m and spending of $1.9m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $2.8m (+117%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Duo Dogs Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include Preservation Society of Charleston ($2.8m), Impact on Education ($2.8m) and Jewish Community Federation of Greater Chattanooga ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $150k (7.7% of expenses). Other salaries and wages came to $949k. At year end it held assets of $7.4m against liabilities of $54k, net assets of $7.4m. It reported 28 employees.