Panhandle Paws of Hope

Analysis

Panhandle Paws of Hope is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in July 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, Panhandle Paws of Hope reported income of $99k and spending of $77k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $99k (+12%), an average of +12% a year. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Panhandle Paws of Hope sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include North Texas Cat Rescue ($99k), Healing Heart Farm Inc ($99k) and Sylvan Lake Improvement Association ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.