Ncpets Inc

Analysis

Ncpets Inc is a registered charity in United States, based in Woodbury, MN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ncpets Inc reported income of $60k and spending of $102k, spending 169% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $44k to $60k (+36%), an average of +36% a year. The sharpest change came in the year to June 2024, when income rose by 36%. Over the whole period it spent 140% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ncpets Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Faith Mission Inc ($60k), B C United Outreach ($60k) and Academic Connections International ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 97% of the total. At year end it held assets of $41k against liabilities of $651, net assets of $41k.