Old Friends Senior Dogs

Analysis

Old Friends Senior Dogs is a registered charity in United States, based in Mount Juliet, TN. It received its IRS tax-exemption ruling in August 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, Old Friends Senior Dogs reported income of $4.5m and spending of $6.5m, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $16.5m to $4.5m (-73%), an average of -28% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 65% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Old Friends Senior Dogs 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 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Friends of the Rosamond Gifford Zoo at Burnet Park Inc ($4.5m), Spay and Neuter Kansas City ($4.5m) and Hearts Alive Village ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $313k (4.8% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $21.8m against liabilities of $185k, net assets of $21.6m. It reported 107 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.