Palmetto Paws Animal Rescue

Analysis

Palmetto Paws Animal Rescue is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in January 2013, 13 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 2022, Palmetto Paws Animal Rescue reported income of $187k and spending of $83k, leaving 56% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $130k to $187k (+44%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 44% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Palmetto Paws Animal Rescue sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 58th percentile within SC. Charities of a similar size with the same main cause include Beyond Nine Cat Rescue Inc ($187k), Second Chance for Homeless Pets ($187k) and Scout S Honor Rescue ($187k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 49% and program service revenue 50% of the total. At year end it held assets of $659k against liabilities of $0, net assets of $659k.