Paws of Honor Inc

Analysis

Paws of Honor Inc is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in June 2016, 10 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, Paws of Honor Inc reported income of $9.1m and spending of $8.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $9.1m (+364%), an average of +47% a year. The sharpest change came in the year to December 2020, when income rose by 168%. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Paws of Honor Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Pet Alliance of Greater Orlando Inc ($9.0m), First Coast No More Homeless Pets Inc ($9.1m) and Central Florida Zoological Society Inc ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $224k. It paid $1.2m in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $663k, net assets of $1.4m. It reported 7 employees.