Wags and Walks

Analysis

Wags and Walks is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2012, 14 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, Wags and Walks reported income of $5.5m and spending of $4.9m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $5.5m (+163%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 79% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Wags and Walks sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Como Friends ($5.4m), Friends of Animals Inc ($5.5m) and Environment for the Americas Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $175k (3.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $7.4m against liabilities of $919k, net assets of $6.5m. It reported 83 employees.