Saving Grace K9s

Analysis

Saving Grace K9s is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Saving Grace K9s reported income of $245k and spending of $194k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $275k to $245k (-11%), an average of -11% a year. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Saving Grace K9s sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Friends of Hoboken Charter School Inc ($245k), Operating Engineers Community Service Fund ($245k) and Light of Life Performing Arts ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (12% of expenses). Other salaries and wages came to $75k. At year end it held assets of $496k against liabilities of $101k, net assets of $395k.