Animalkind Inc

Analysis

Animalkind Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in October 1998, 28 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 2023, Animalkind Inc reported income of $486k and spending of $467k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $478k to $486k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 91% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Animalkind Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Sweetbeau Horses ($486k), Resale to the Rescue Inc ($486k) and Wildfire Research Center ($486k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $69k (15% of expenses). At year end it held assets of $318k against liabilities of $20k, net assets of $299k. It reported 25 employees.