New York Therapy Animals Inc

Analysis

New York Therapy Animals Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2015, 11 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 June 2024, New York Therapy Animals Inc reported income of $112k and spending of $81k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $109k to $112k (+2.4%), an average of +2.4% a year. Over the whole period it spent 72% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, New York Therapy Animals Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Southwest English Setter Rescue Inc ($112k), Rivers Edge Horse Rescue and Sanctuary ($112k) and Idaho Black Bear Rehab Inc ($112k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $21k (27% of expenses). At year end it held assets of $148k against liabilities of $1,379, net assets of $147k. It reported 1 employees.