Abandoned Pet Project

Analysis

Abandoned Pet Project is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in September 2014, 12 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, Abandoned Pet Project reported income of $221k and spending of $263k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $384k to $221k (-42%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 109% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Abandoned Pet Project sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Lucky Day Animal Rescue of Colorado ($221k), Sophias Grace Foundation ($221k) and Carolina Basset Hound Rescue Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.