Passion 4 Pits Rescue Inc

Analysis

Passion 4 Pits Rescue Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in June 2019, 7 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, Passion 4 Pits Rescue Inc reported income of $190k and spending of $196k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $128k to $190k (+48%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 101% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Passion 4 Pits Rescue Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Friends of Wake County Animal Center Inc ($190k), Blackford County Animal Shelter Inc ($190k) and Rescue Rehome Repeat of South Louisiana ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $147 against liabilities of $20k, net assets of -$20k.